Mr. Andreas Modlmayer has been appointed as the new Managing Director and CEO of BMW India Financial Services, succeeding Mr. Jaejoon Lee. Associated with the BMW Group since 2000, Mr. Modlmayer previously served as CEO of BMW Austria Bank in Greece. He brings extensive leadership experience from BMW Group Financial Services in markets including New Zealand, China, and Hong Kong. He started his career at BMW Bank GmbH Munich in Sales and Marketing.
Ms. Lisa Ng, Regional Chief Executive Officer of BMW Group Financial Services for Asia Pacific said, “Mr. Andreas Modlmayer 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 added, “We thank Mr. Jaejoon Lee for his immense contribution to BMW India Financial Services in the recent years. He successfully steered the company with new initiatives in product offerings and customer centricity and strengthened the foundation for future growth. We wish him all the best as he returns to BMW Korea once again.”
During the tenure of Mr. Jaejoon Lee, BMW India Financial Services successfully maintained its position as a premium provider of end-to-end automotive financial solutions in India.
