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Dianne Buchanan MA (Hons) ACA, CFO Tusker Direct Ltd Dianne Buchanan MA (Hons) ACA, CFO Tusker Direct Ltd
20 January 2020

Tusker announces new Chief Financial Officer

Tusker, the multi-award winning Car Benefit Provider, has announced their new Chief Financial Officer (CFO) as Dianne Buchanan, following the departure of their previous CFO in December last year. Tusker provides contract hire and salary sacrifice schemes to over 500 organisations in the UK, providing new cars complete with insurance, road tax, servicing and maintenance, replacement tyres and breakdown cover. Tusker is privately-owned with ECI Partners as the majority shareholder.

Having obtained an M.A (Hons) in Economics & Accounting from Edinburgh University, Dianne trained as a chartered accountant with PwC. Since then Dianne has gained over 25 years' professional experience in financial and commercial management with a number of UK and global organisations, including Coca-Cola HBC, J Sainsbury plc, and WPP plc. Tusker are delighted that Dianne has decided to join the leadership team, the Board and Audit Committee.

Dianne brings a wealth of knowledge and experience to Tusker, including delivery of P&L and cash targets, strategic support on revenue opportunities organically and via acquisition, delivery of operational effectiveness initiatives, driving change projects as well as managing various stakeholder groups. Dianne also has an international business perspective having pursued a multi-country career in blue-chip companies and private equity businesses.

Previously, as CFO of SLR Consulting Ltd, a global environmental consulting practice, Dianne was responsible for the global finance function and was part of the Executive leading the business through a successful private equity event including a refinance of bank facilities.

As the UK's leading salary sacrifice car benefit provider, Tusker is expecting 2020 to be a strong year. Their commitment to electric vehicles is expected to grow thanks to the Government's continued support for Ultra-Low Emission Vehicles. Most noticeably, this includes 0% Benefit in Kind for 2020/21 which, coupled with the savings in tax and National Insurance on the lowest-emitting cars, means salary sacrifice remains the most cost-effective way to drive a brand new car and can provide substantial savings for drivers.

Tusker's CEO, Paul Gilshan comments, "Dianne was our interim CFO for most of 2019 so I was delighted when she accepted the role permanently. She is perfect for Tusker; bringing a unique blend of strategic and financial discipline, while also skilled at dealing with the operational and commercial demands of running a large fleet. Our team and our business are now perfectly positioned to take advantage of the ever growing demand for electric and alternatively fuelled vehicles"

Dianne comments, "The 'Electric' chapter is a really exciting time for Tusker and I'm delighted to be part of such a customer-centric, innovative organisation, working with a talented and collaborative management team and a dynamic and experienced Board. The team culture and customer focus at Tusker is inspiring and I believe that fleet ecosystem provides many opportunities for partnerships to be created both at the asset finance level and with data providers and manufacturers."

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