Stephen Sklaroff Finance And Leasing Association
Stephen Sklaroff served as the Director General of the Finance & Leasing Association (FLA) for nearly two decades, a period that significantly shaped the organization's trajectory and the broader UK asset finance industry. His tenure was marked by a proactive approach to regulatory changes, a commitment to promoting responsible lending, and a tireless advocacy for the industry's economic contributions.
Under Sklaroff's leadership, the FLA became a recognized and influential voice in both Westminster and Brussels. He adeptly navigated the complexities of European Union directives and UK legislation, ensuring that the asset finance sector's interests were represented in policy discussions. He prioritized building strong relationships with government officials, regulators, and parliamentarians, fostering a climate of understanding and collaboration.
One of Sklaroff's key achievements was positioning the FLA as a champion of responsible lending practices. He spearheaded initiatives to enhance consumer protection and promote transparency within the industry. This included developing codes of conduct for members and advocating for clear and accessible information for borrowers. His emphasis on ethical conduct helped to build trust in the asset finance sector and safeguard its long-term sustainability.
Beyond regulatory affairs, Sklaroff focused on highlighting the economic significance of asset finance. He actively promoted the sector's role in supporting investment, innovation, and job creation across various industries. He commissioned research and published reports demonstrating the positive impact of asset finance on the UK economy, providing policymakers with valuable insights and reinforcing the industry's importance.
The FLA, under Sklaroff's guidance, also expanded its services to members, offering a range of training programs, networking opportunities, and industry-specific resources. This fostered a sense of community among finance and leasing companies and helped to raise professional standards throughout the sector.
Sklaroff's departure from the FLA marked the end of an era. He left behind a stronger, more influential organization, well-positioned to address the challenges and opportunities facing the asset finance industry in the years to come. His legacy is one of leadership, integrity, and a deep commitment to promoting the responsible and sustainable growth of the finance and leasing sector in the UK.
His expertise and contributions were widely recognized, and he frequently spoke at industry events and contributed to publications on topics related to asset finance, regulation, and the economy. His insights were valued by policymakers, industry leaders, and academics alike, solidifying his reputation as a leading figure in the UK financial services landscape.