Used car finance platform Evolution Funding has appointed Duncan Josey to the newly created role of chief strategy officer.

Josey brings over 21 years of experience from his tenure at Auto Trader, where he held key positions including commercial director, digital marketing director, and key accounts sales director.

As part of Evolution Funding's executive leadership team, Josey will lead the development and execution of strategic plans aimed at digitising, automating, and enhancing the consumer auto finance experience. His focus will be on advancing and leveraging the group’s ecosystem and digital platform.

Lee Streets, chief executive of Evolution Funding, said: “From Auto Trader’s early days as an analogue business to the digital giant it is today, Duncan has been integral to its transformation.

"With his wealth of experience, he is well-equipped to accelerate Evolution’s journey in developing our ecosystem proposition and commercialising our data offering. We are delighted to welcome Duncan to Evolution as we strive to become the auto finance platform of choice.”

Josey added: “This is an exciting move for me, and I look forward to working with the Evolution team.

"The automotive industry struggles to harness modern technology due to its fragmented and complex ecosystem.

"Evolution’s innovative approach to using technology to overcome that fragmentation and connect consumers and partners via their platform puts them in a unique position to transform the industry.”