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XAVIER DEROT APPOINTED DEPUTY CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES
Globenewswire·2025-07-08 14:00

Core Points - Xavier Derot has been appointed as Deputy CEO of Mobilize Financial Services, effective July 1, 2025, pending approval from the European Central Bank [2][3] - The appointment aims to strengthen the governance of Mobilize Financial Services [3] Company Overview - Mobilize Financial Services is a subsidiary of Renault Group, focusing on innovative financial services to promote sustainable mobility [7] - The company has been operational for over 100 years and is the commercial brand of RCI Banque SA, specializing in automotive financing and services for Renault, Nissan, and Mitsubishi [7] Financial Performance - In 2023, Mobilize Financial Services financed over 1.2 million contracts for new and used vehicles and sold 3.7 million service contracts [8] - As of December 2024, the average earning assets were €61 billion, with pre-tax earnings of €1,194 million [8] - The company had net deposits of €30.5 billion, representing 50% of its net assets by the end of December 2024 [9]