Carlo van Kemenade Related Content

DLL Intends to Appoint Yocarini CEO to Replace van Kemenade

DLL intends to appoint Lara Yocarini CEO and chair of the company’s executive board for a term of four years. Yocarini will succeed Carlo van Kemenade, who will join the managing board of Rabobank Group as director of retail in the Netherlands. read more

Rabobank Appoints van Kemenade Director of Retail Netherlands, Leaving DLL CEO Post Vacant

Carlo van Kemenade, the current CEO of DLL, will join Rabobank’s managing board as director of retail in the Netherlands on April 1, 2024. The appointment of van Kemenade as director of retail in the Netherlands creates a vacancy for the position of CEO of DLL. read more

DLL Appoints Raison CFO

DLL appointed Grégory Raison to the position of CFO and member of the company’s executive board. Raison joined DLL from BNP Paribas, where he was CFO for international retail banking. read more

DLL Reports 157% Increase in Net Profits in H1/23

DLL reported net profits of €260 million ($282.82 million) for the first half of 2023, representing an increase of 157% compared with 2022, when, according to DLL, results were heavily diluted by impairments linked to the company’s decision to cease all business activities in Russia. read more

DLL Closes $1B Securitization Backed by AGCO Finance Leases and Loans

DLL closed DLLAA 2023-1, a U.S. securitization transaction, issuing notes totaling $1 billion. The notes are backed by loans and leases secured with new and used agricultural equipment originated by AGCO Finance, a joint venture between DLL and AGCO. read more

DLL Closes Second US Securitization Transaction of 2023 at $850MM

DLL closed DLLMT 2023-1, the company’s second U.S. securitization transaction this year, issuing notes totaling $850 million. The transaction was rated F1+/P-1 or AAA/Aaa by Fitch Ratings and Moody’s, respectively. read more

DLL Wins ESG Awards at Arena International Events Group’s Sustainable Finance Summit

DLL received the 2023 ‘Best ESG Initiative of the Year: Social Aspects’ and ‘Best Give Me a New Life Funding Programme’ Awards from the Arena International Events Group. The awards ceremony was held in Paris at the Arena International Events Group’s Sustainable Finance Summit. read more

DLL’s Portfolio Balance Grew by 8.5% in 2022

DLL recorded net profits of €343 million ($361 million) for 2022, which represented a 41% decrease from 2021, largely due to the sale of the company’s Russian operations. However, the company also recorded portfolio growth of 8.5% in 2022. read more

DLL Appoints Garnett Chief Commercial Officer

DLL appointed Neal Garnett as chief commercial officer and member of the executive board. Garnett will relocate from the U.K. to the U.S. read more

DLL Closes Securitization Transaction at $850MM

DLL closed on “DLLAD 2023-1”, a U.S. securitization transaction issuing notes totaling $850 million. The notes are backed by loans and leases secured with agricultural, golf course and turf equipment. read more

DLL CCO Meredith Will Retire in January

Tom Meredith, DLL’s chief commercial officer and member of the executive board, will retire on Jan. 31. The company is currently searching for a successor. read more

DLL Wins Leasing Life’s Vendor Finance Provider and ESG Initiative Awards

DLL received the 2022 Vendor Finance Provider and Best ESG/Sustainability Initiative of the Year awards from Leasing Life, a leasing industry journal in Europe, during the Leasing Life Conference & Awards event in Paris. read more

DLL Expands Executive Board, Appoints Eddini Chief Human Resources Officer

DLL expanded its executive board and appointed Iman Eddini to the role of chief human resources officer (CHRO) and member of the executive board, with the new appointment taking immediate effect. read more

DLL Reports 3% Y/Y Portfolio Growth, 8% Increase in New Business Volume in H1/22

For the first half of 2022, DLL reported a 3% year-over-year increase in its portfolio balance to €39.5 billion ($41.2 billion) and new business volume of €15.4 billion ($16.1 billion), which reflected growth of 8% on a year-over-year basis. read more

DLL Reports 226% Increase in Net Profits for 2021

DLL recorded net profits of €586 million ($693 million) for 2021, which represented an increase of 226% from the prior year. read more

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