The CEO of British Credit Trust (BCT), John Sinclair, is to step
down in the near future, due to “irreconcilable differences” with
CitiCapital Group regarding the non-prime lender’s future direction
and strategy.

A finance professional for more than 40 years, he joined BCT in
March 2003, taking on the task of turning around the non-prime
lender.

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Sinclair has also stepped down from his role as chairman of
the Finance & Leasing Association’s motor finance division, and
has been replaced by Philip Ross, the general manager of Honda
Finance.

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