Leasys names Andrea Bandinelli as CEO

The Leasys associated task (JV) betwixt Stellantis and Crédit Agricole Personal Finance & Mobility has appointed Andrea Bandinelli arsenic its caller CEO with contiguous effect.

Bandinelli started his vocation by joining Groupe PSA, aboriginal Stellantis, successful fiscal services 25 years ago.

Over time, helium held respective enactment positions successful that country earlier moving into elder posts successful concern and capitalist relations.

He was main fiscal serviceman (CFO) for the Middle East & Africa region, astir recently, pursuing earlier responsibilities arsenic capitalist relations caput and CFO Mobility.

Drawing connected this background, Bandinelli volition beryllium liable for directing Leasys arsenic it seeks to present “customer-centric" mobility offerings crossed European markets.

Under Bandinelli’s leadership, the institution aims to expedite profitable maturation portion strengthening its presumption successful Europe’s operational leasing market.

Bandinelli said: “I americium honoured to instrumentality connected the work of starring Leasys astatine specified an breathtaking infinitesimal for the mobility sector. Our extremity is to accelerate innovation and present flexible, sustainable solutions that conscionable the evolving needs of our customers crossed Europe."

The institution oversees a fleet of 950,000 vehicles successful 11 countries and provides products from fleet absorption solutions to medium-term and semipermanent rental contracts for companies of antithetic sizes.

Leasys was established done the operation of Leasys and Free2Move Lease businesses.

It is operational successful Italy, Netherlands, Spain, France, Germany, UK, Belgium, Portugal, Luxembourg Poland and Austria.

Leasys posted nett earlier taxes of €173m ($188.57m) for the afloat twelvemonth 2024, a 1% emergence year-over-year (YoY).

The company’s adjusted nett income stood astatine €112m, maintaining its level from 2023.

"Leasys names Andrea Bandinelli arsenic CEO" was primitively created and published by Motor Finance Online, a GlobalData owned brand.

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