Mr. Richard Van Leeuwen
Former EVP, Chief Risk Officer, FORD MOTOR CREDIT COMPANY LLC
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(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Investors Seeking Higher Return Need To Look No Further Than Auto ABS
April 30, 2009
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. There is a lot of money essentially on the side line in government securities and money markets earning a low return when auto ABS is a smarter option.
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Not All Credit Inquiries Are Created Equal
August 28, 2008
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 is required to make a sound, informed decision.
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Don't Blame FICO For Your Credit Losses
May 15, 2008
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 business volume will be positively impacted and losses will be controlled within expectations.
Leading institutions connect with Richard Van Leeuwen through GLG
GLG Study Groups with Richard Van Leeuwen(?)
| Study Group Name | No. Members |
|---|---|
| Sub-Prime Lending Experts | 590 |
| Structured Finance Experts | 382 |
| Asset Backed Securities Experts | 166 |
| Sub-Prime Auto Lending Experts | 135 |
GLG Live Meetings with Richard Van Leeuwen(?)
Richard Van Leeuwen has not participated in any GLG Live Meetings.