CFLA appoints three new board members

The Canadian Finance & Leasing Association (CFLA) has appointed three senior industry leaders to its Board of Directors, expanding its governance team as it continues to represent the interests of Canada’s asset-backed finance, vehicle, and equipment leasing sectors.

The new board members are Basil Marcus, President of Foss National Leasing; Yolanda Biswah, President of Canadian Black Book; and Heather Heggie, Managing Director of Volvo Financial Services Canada.

Basil Marcus, who has more than 20 years of experience in the fleet management sector, has led Foss National Leasing through strategic growth initiatives and operational developments.

His background includes work on customer-focused programmes and governance frameworks.

Yolanda Biswah, appointed President of Canadian Black Book after holding senior roles in sales, data licensing and customer experience, has been active in industry diversity efforts.

She was recognised by Auto News Canada in 2022 as a “Notable Champion of Diversity” and is involved in Accelerate Auto initiatives.

Heather Heggie brings international experience from finance and leasing roles across Europe, the United States and Canada.

At Volvo Financial Services, she has overseen transformation projects, credit and portfolio management activities, and programmes linked to customer financing and market development.

The CFLA said the appointments strengthen the organisation as it works to support innovation and collaboration across the asset-backed finance and leasing industry.