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Richard Van Leeuwen

Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC

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Member of the Financial Services Council

Council Member Biography

Richard "Rich" Van Leeuwen retired from Ford Motor Credit Company in August 2006 as the Executive Vice President and Chief Risk Officer. Over a 32 year career at the firm, he held a number of senior operating and staff positions, including overseas postings in Europe and Asia. In Europe he was Managing Director of the UK, Ireland and South Africa. In Asia he was Regional VP responsible for the Asia Pacific Credit Operations. Mr. Van Leeuwen established the first- ever captive loan syndication between the automotive captive finance companies. He started RouteOne, a joint venture between Ford Credit, GMAC, Chrysler Financial and Toyota Credit, to manage the credit applications for automotive lenders in North America. Mr. Van Leeuwen was the Chairman of the Board for that entity until his retirement. He has served on other Boards and Audit, Compensation and Marketing Committees. Mr. Van Leeuwen now provides consulting services specializing in consumer and commercial credit. (This is me - Update Profile)


Employment History

2003 - 2006
EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
1999 - 2003
VP, Major Accounts, Ford Motor Credit Company
1996 - 1999
Managing, Dir Britain, Ford Motor Credit Co.
1993 - 1996
VP, Asia Pacific, Ford Motor Credit Co.
1990 - 1993
Rg. Mgr-SW Region, Ford Motor Credit Co.

GLG NewsSM Analyses by Richard Van Leeuwen(?)

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Investors Seeking Higher Return Need To Look No Further Than Auto ABS

April 30, 2009

Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC

Volkswagen Offers $1 billion TALF-Eligible Deal | money.cnn.com

Auto ABS shut down when mortgage-backed securities imploded.  This was unfortunate and unjustified, because it remained a sound investment, particularly when backed by auto loans originated and serviced by sound lenders such as the finance arms of Volkswagen, Honda and Ford. ...

Not All Credit Inquiries Are Created Equal

August 28, 2008

Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC

Lenders reject multiple credit applications | www.guardian.co.uk

The current environment affords lenders an opportunity to attain good margins on new business contracted.  Therefore, it would be a bad decision to pass business simply because the applicant has a number of recent inquiries in his credit bureau report.  More discrimination...

Don't Blame FICO For Your Credit Losses

May 15, 2008

Richard Van Leeuwen, Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC

Will Fair Issac FICO score get kicked to the curb? | thestockmasters.com

The FICO score is a valuable component in the underwriting process.   However, if a lender uses it to the exclusion of other standard industry best practices, the result will be an under performing portfolio.  Create a sound, comprehensive underwriting process and new...

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