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Andreas Modlmayer takes over as Managing Director & CEO of BMW India Financial Services, replacing Mr Jaejoon Lee who departs to serve in BMW Korea.
Andreas Modlmayer Managing Director & CEO of BMW India Financial Services
New Delhi: Mr Andreas Modlmayer has been appointed as the new Managing Director and Chief Executive Officer of BMW India Financial Services, replacing Mr Jaejoon Lee. Since 2000, Mr. Andreas Modlmayer has been a part of the BMW Group. He served as the CEO of BMW Austria Bank in Greece during his most recent role.
He has extensive experience working in leadership roles for BMW Group Financial Services in a number of international locations, including China, Hong Kong, and New Zealand. Mr. Modlmayer started in sales and marketing at BMW Bank GmbH, Munich.
Ms Lisa Ng, Regional Chief Executive Officer of BMW Group Financial Services for Asia Pacific, said, “Mr. Andreas ModImayer brings with him valuable expertise and leadership acumen, with successful development of BMW Financial Services in diverse markets for over two decades. India is an important market for us, and we are confident that he will further add to the company’s growth as he takes charge of BMW India Financial Services.”
Ms Lisa Ng, in her statement, thanked Mr Jaejoon Lee for his contribution to BMW Financial Services in recent years, steering the company with new initiatives in product offerings and customer centricity, strengthening the foundation of future growth. Ms Lisa Ng concluded the statement by wishing Mr Jaejoon Lee as he returns to BMW Korea once more.
BMW India financing Services effectively preserved its standing as a leading supplier of comprehensive automotive financing solutions in India under Mr. Jaejoon Lee’s leadership.
Roheen Ghosh
Roheen is an enthusiast for all things sports and motoring. He regularly follows football and cricket and immerses himself in the tactical intricacies of the game and keeps his eye on the automotive industry’s development.
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