Distribution Finance Capital Holdings plc announced the appointment of a new permanent Chief Executive Officer, Carl D'Ammassa. Carl has over twenty years of experience in commercial finance within banks and finance companies. Most recently at White Oak, a specialist finance provider, Carl spent most of his career in senior management positions at Aldermore Bank and GE Capital. Carl joined Aldermore Bank in 2013 to lead the Asset Finance Business as Managing Director. In July 2015, Carl was promoted to become a Group Managing Director on Aldermore's Executive Committee, with responsibility for the Business Finance offering within Aldermore Bank. He was also part of the senior management team that successfully listed Aldermore on the London Stock Exchange in 2015. Carl left Aldermore to join White Oak in July 2019. Carl started his career with General Electric (GE) within equipment financing in the UK. He spent a little over ten years with GE in the UK where his final role with the company was the Chief Executive Officer for the Equipment Servicing Arm of the business. After GE Carl joined Hydrex, a supplier of heavy plant machinery, as Chief Operating Officer subsequently becoming the Chief Executive Officer. Following this he was UK Managing Director of Hitachi Capital Business Finance for a brief period prior to joining Aldermore Bank. Carl has an expected start date that will not be later than March 31, 2020. Carl has previously held a number of controlled functions at FCA and PRA authorised entities, including an Executive Director function at Aldermore Bank Plc and Chief Executive function at a number of White Oak group companies.