Asset finance consulting and services partnership Invigors EMEA, the European arm of The Alta Group, hired Tor Bowen, former managing director of Australasia for Volvo Financial Services, as an associate, based in the UK.

An internationally experienced vehicle finance and restructuring specialist, Bowen brings more than 35 years of experience in asset finance to Invigors. In more than 10 years with Volvo, Bowen founded Volvo Finance Australia, setup financial programs across Asia and also established a dedicated bus and coach finance operation for Volvo Bus in North America.

Bowen’s appointment strengthens Invigors’ team in the UK and provides additional trouble-shooting and restructuring expertise for European and Global clients.

Bowen commented, “I am delighted to be joining the Invigors team. The European vehicle and equipment asset finance markets are facing major challenges driven not just by the political upheavals in the UK and Europe but also by the revolution in technology taking place throughout the industry. I am looking forward to helping our clients maximise opportunities presented by those challenges as their business models evolve to meet the changing markets in Europe and elsewhere.”

Commenting on the announcement, Chris Boobyer, senior partner at Invigors, said, “Tor brings a wealth of experience and expertise in vehicle and equipment finance across captive, bank-owned and independent leasing organisations. We are delighted he is joining the team and believe he will add strength and depth to our existing capabilities here in EMEA and also within the wider Alta Group.”

Invigors EMEA is a consulting and technical services firm providing growth solutions for asset and vehicle finance companies, industry suppliers, manufacturers and captive finance organizations.