Eindhoven, The Netherlands, February 1, 2024 - DLL, a global asset finance company for equipment and technology and subsidiary of Rabobank Group, announced today the intended appointment of Lara Yocarini as Chief Executive Officer (CEO) and Chair of the Executive Board of DLL, for a term of four years, per 1 May 2024. Yocarini will succeed Carlo van Kemenade, who will join the Managing Board of Rabobank Group as Director Retail Netherlands per 1 April 2024.
At the same moment Yocarini will also join Rabobank’s Managing Board and will be responsible for the group-wide vendor finance activities. With this decision, Rabobank emphasizes the strategic importance of its leasing activities and its ambition to consolidate its global leading position in Vendor Finance. As a subsidiary of Rabobank, DLL will remain an independent entity. All of the appointments mentioned above are subject to final approval of the applicable regulatory authorities.
Lara Yocarini is an accomplished executive who has worked across Europe, the United States and Africa, in finance, management consulting and not-for-profit organizations. Yocarini joined Rabobank’s Wholesale and Rural business early 2020 and has been instrumental in driving its global strategic transformation and sustainability agenda. Since October 2021, she has been leading international rural banking globally, as well as the activities in emerging markets through Rabo Partnerships.
Yocarini brings a diversity of experiences from inside and outside Rabobank. She has worked on different continents for organizations such as Natixis CIB, McKinsey & Company and the United Nations Development program. Her areas of expertise include strategy development, business development, transformations and commercial excellence.
Lara Yocarini noted: “I feel incredibly privileged to become the CEO of DLL and to join the Managing Board of Rabobank. Under Carlo’s leadership, and thanks to its fantastic teams, vendor partners and customers, DLL has rightfully become one of the three strategic pillars of the Group. I look forward to contributing to the next chapter of DLL’s growth and to cementing its position as the leading global vendor finance company.”
On behalf of DLL's Supervisory Board, Chairman Berry Marttin said he is very pleased with the appointment of Lara Yocarini at DLL. “The Supervisory Board of DLL is delighted that we can welcome a great and gifted professional like Lara as CEO and as our first executive representative in the top of Rabobank.”
Current CEO and Chairman of the DLL Executive Board Carlo van Kemenade: “We are very pleased to be able to propose the appointment of a candidate who comes from within the Rabobank organization and brings a wealth of international management experience. I have gotten to know Lara as a very intelligent and strategic talent who also has a genuine interest in the people she works with and knows how to build relationships. Her strong personality and can-do mentality perfectly match our special DLL culture.”
About DLL
DLL is a global asset finance company for equipment and technology with a managed portfolio of more than EUR 42 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions to the Agriculture, Food, Healthcare, Clean Technology, Construction, Transportation, Industrial, Office Equipment and Technology industries in more than 25 countries. DLL partners with equipment manufacturers, dealers and distributors, as well as end-customers on a direct basis, to enable businesses to more easily access equipment, technology and software. The company also delivers insights and advice to partners and customers that drive smarter and more economical methods of use. DLL combines customer focus with deep industry knowledge to deliver sustainable solutions for the complete asset life cycle, including commercial finance, retail finance and used equipment finance. DLL is a wholly owned subsidiary of Rabobank Group. To learn more about DLL, visit www.dllgroup.com.