Don Atkinson new CEO of UDC Finance
09 February 2023
UDC Finance Limited (UDC) recently announced the following appointments:
- Don Atkinson appointed to the role of UDC CEO effective 1 March 2023, and
- Current UDC CEO Wayne Percival appointed as a Non-Executive Director to the UDC Board, effective 1 June 2023.
“This was a carefully designed succession plan and the Board have significant confidence in Don to lead UDC. Don has been with UDC for over 20 years, during which time he has worked across the business including as Head of Lending, Head of Risk, GM of Dealer and most recently Chief Operating Officer,” says Dr Morgan.
Don Atkinson says, “I’m excited by the opportunity to lead UDC and building on our proud history as New Zealand’s Finance Company. We’re a relationship business so I look forward to working with our customers and building the finance solutions they need for the future.”
Wayne Percival steps down as UDC CEO after more than seven years in the role. During this time, Wayne oversaw a number of significant events, including the sale of UDC by ANZ to SBI Shinsei Bank and growth of the Lending book from $2.3 Billion to over $4 Billion.
UDC Chairman, Dr David Morgan says “Having Wayne join the UDC Board as a Non-Executive Director will enable UDC to continue benefiting from his significant asset finance experience. In addition to his time as CEO, Wayne spent 20 years in various leadership roles at ANZ Bank in both Australia and New Zealand.”
Wayne Percival says, “It has been a privilege to lead UDC and I’m really pleased with the shape our business is in. I look forward to joining the Board and continuing to support UDC’s growth as the business enters this new chapter.
President and CEO of SBI Shinsei Bank, Katsuya Kawashima, says, “We are supportive of the Board’s decision, Don has a fantastic understanding of the business and UDC is a valuable member of the SBI Shinsei Bank Group. I am also pleased to welcome Wayne with his broad experience on to the UDC Board.”
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Robert Orr, 021 295 6902
About UDC
UDC Finance was founded in 1937 and provides asset-back finance to businesses and individuals across New Zealand and wholly owned subsidiary of SBI Shinsei Bank Group, Japan.