DLL, a subsidiary of Rabobank Group, announced 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, on May 1. Yocarini will succeed Carlo van Kemenade, who will join the Managing Board of Rabobank Group as Director Retail Netherlands on April 1.
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.
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.
Yocarini said, “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 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 van Kemenade said, “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.”