Vik Hill, Chief Executive Officer of Santander Consumer UK, is retiring today (31 May 2024) after more than 20 years leading the automotive finance business.
Adam Goldhagen, Chief Operating Officer, will assume Hill’s responsibilities as interim CEO until further notice.
Hill joined Lombard Motor Finance in 1982, continued at the re-named First National Motor Finance following Lombard’s acquisition by Abbey National in 1999, and then launched Santander Consumer Finance UK in 2005, following Santander’s acquisition of Abbey National.
He also led the integration of the automotive business acquired from GE Capital, boosting Santander Consumer UK to the leadership position it holds today.
“Everyone at Santander Consumer UK, both past and present, is immensely grateful to Vik for all that he has done for the business and for making it the company that it is today.
“Since our inception in 2005, Vik has been the driving force behind the company’s development and growth. Under his guidance, Santander Consumer UK has expanded its offerings, consistently maintained a leadership position and established a solid reputation for excellence and reliability.
“Whilst he will undoubtedly be missed, we all wish him a long, enjoyable and well-deserved retirement,” said Goldhagen.