JCB Finance names Isaac chairperson

An OEM captive and multiple equipment lenders made key executive changes over the past month, with some highlighting the growing need for compliance expertise. 

Isaac takes helm of JCB Finance  

JCB Finance, the financing arm of British heavy-equipment manufacturer JCB, has appointed Ian Isaac chairperson, according to a June 30 company release. He replaced Donald Workman, who recently retired. 

Isaac returns to JCB Finance after he was managing director of asset finance provider Lombard for 10 years. He was a non-executive board director at JCB for 13 years. 

BankUnited names Mackey CFO, Lunak retiring 

Miami Lakes, Fla.-based BankUnited, an equipment finance provider, announced that James Mackey will succeed Leslie Lunak as chief financial officer effective Nov. 1, according to a July 23 company release.  

Mackey will join the company as senior executive vice president on Aug. 15 before becoming CFO. Lunak, meanwhile, plans to retire on Jan. 1, 2026, after 12 years in the position.  

Mackey previously was CFO at Wells Fargo’s consumer lending division and had been CFO Freddie Mac, Ally Financial and several divisions at Bank of America.  

Mitsubishi HC Capital America adds compliance experts 

Mitsubishi HC Capital America, the largest non-bank and non-captive equipment financier in North America, expanded its leadership team with a pair of legal and compliance specialists, according to a July 28 company release.  

The lender appointed James Anderson executive vice president and general counsel and Kristin Knox Esche senior vice president and deputy general counsel. They will help the company navigate complex regulatory environments and align legal frameworks with long-term business goals, the release stated. 

Anderson has held leadership positions at financial institutions including Orix, NXT Capital and Velocity Financial Group, according to his LinkedIn profile. Esche was a legal strategist and adviser at John Deere for nearly 13 years, most recently as associate chief counsel of global product organization and innovation, according to her LinkedIn.  

Cox brings commercial lending prowess to First US Bank  

Birmingham, Ala.-based First US Bank has named Scott Cox senior commercial lending executive, according to a July 28 company release.  

With more than 27 years of banking experience, Cox was east region market chief executive for commercial banking and community markets at BBVA USA. He will be responsible for driving First US Bank’s growth across key commercial sectors, including equipment finance. 

Commercial Funding Partners taps Phillips as EVP of documentation 

Commercial Funding Partners, an equipment finance and leasing provider, promoted Kristy Phillips to executive vice president of documentation from senior vice president, according to a July 8 company release. 

She will oversee lease documentation to ensure execution and regulatory compliance.  

Phillips held leadership roles at Axos Bank and Goldman Sachs before joining Draper, Utah-based Commercial Funding Partners in 2024, according to her LinkedIn. 

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