Crédit Agricole Personal Finance & Mobility
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Leasys names Andrea Bandinelli as CEO
Yahoo Finance· 2025-12-03 14:48
Group 1 - Leasys joint venture has appointed Andrea Bandinelli as the new CEO, effective immediately [1] - Bandinelli has 25 years of experience in financial services, having held various leadership roles within Stellantis [2] - Under Bandinelli's leadership, Leasys aims to enhance customer-centric mobility offerings and expedite profitable growth in Europe's operational leasing market [2][3] Group 2 - Leasys oversees a fleet of 950,000 vehicles across 11 countries, providing a range of services from fleet management to rental contracts [3] - The company was formed through the merger of Leasys and Free2Move Lease businesses and operates in multiple European countries [4] - For the full year 2024, Leasys reported a profit before taxes of €173 million, reflecting a 1% year-over-year increase, with adjusted net income remaining at €112 million [4]
CA Auto Finance and Opteven unveil UK Partnership
Yahoo Finance· 2025-11-20 14:50
Core Insights - CA Auto Finance has announced a partnership with Opteven to enhance vehicle protection solutions in the UK, building on previous collaborations in France and Italy [1][4] Group 1: Partnership Details - The partnership will introduce the Total Care Warranty for customers financing vehicles through CA Auto Finance, offering tailored coverage with higher claims limits and no age or mileage restrictions [2] - This collaboration is part of a broader strategic initiative between Crédit Agricole Personal Finance & Mobility and Opteven, which includes the establishment of a joint venture focused on automobile warranty and maintenance contracts [4] Group 2: Market Context - The partnership is timely, as vehicle maintenance costs in the UK have risen by 7.9% from September 2024 to September 2025, influenced by inflation, supply chain issues, and increased labor costs [3] Group 3: Executive Insights - Opteven UK CEO Ludovic Troyes emphasized the company's strong European presence and the importance of providing tailored protection for drivers facing unforeseen challenges [5] - CA Auto Finance's Marketing Director Christian Gorton highlighted the unexpected costs associated with vehicle ownership and described the partnership as a significant business opportunity to simplify damage payments for UK drivers [5]