Wellington, March 26 NZPA - GE Capital has named Aaron Baxter as managing director of GE Money, New Zealand.

He replaces Greg White, who is returning to Australia to a new role as managing director of retailer solutions at GE Capital Australia and New Zealand.

Mr Baxter holds an MBA and Bachelor of Business degree from Victoria University.

He joined GE in 1998 and has held several roles in sales and business development and led integration teams after acquisitions of Avco and AGC finance.

He will take up the GE Money, New Zealand role on April 12.