Fiona Hoyle is currently acting as interim director general.
The Finance & Leasing Association (FLA) have appointed Stephen Haddrill as director general of the FLA.
Haddrill will begin the role in early December and has held previous senior roles at the Financial Reporting Council and Association of British Insurers.
Richard Jones, chairman of the FLA, said: “Stephen has worked at the very highest level across a number of different industries.
"His breadth of experience is exceptional, and I look forward to working with him as he leads the FLA on its next chapter, supporting its members by progressing and championing the long-term prosperity of our markets and the customers that we serve.”
Haddrill commented on his appointment: “I am delighted to be joining the FLA and to have the chance to play a leading role in helping a key sector to underpin business investment and meet the expectations of retail customers in a fast moving economic and technological environment.”
Fiona Hoyle will continue as interim director general until Haddrill takes up his new post.