BNP Paribas Personal Finance announces appointment of Motor Managing Director

BNP Paribas Personal Finance announces appointment of Motor Managing Director

BNP Paribas Personal Finance announces appointment of Motor Managing Director

Mon, 18 Sep 2017

BNP Paribas Personal Finance, part of leading European Bank BNP Paribas, has announced the appointment of Andrew Brameld as Managing Director of its Motor Finance business.

The consumer finance business headquartered in Solihull aims to double in size by 2020 and as part of its strategy plans to expand into the motor finance market.

Andrew will be responsible for contributing to BNP Paribas Personal Finance’s  overall strategy and developing its offer in motor finance for manufacturers, Leisure, independent dealerships and the consumer.  Andrew will oversee strategic business partnerships and sales and will report into Stephen Hunt, CEO.

Andrew brings 25 years of experience within the motor sector where he has had various roles at Lombard Motor Finance, First National and most recently at Barclays Partner Finance.

Commenting on the new appointment, Stephen Hunt said: "The collective expertise and know-how Andrew has will be an asset to our business as we look to define more innovative and responsible motor finance solutions for partners and consumers.  BNP Paribas has enjoyed a presence in the UK for 150 years and we are looking to leverage the power of our Group to launch a full service offering to grow our presence in the UK."

Andrew Brameld added: "The opportunity that we have to build and grow a best in class UK solution is incredible. I was attracted by the size and scale of BNP Paribas Personal Finance which is a leader in motor finance globally funding billions per annum. It’s great to join such a successful business with tremendous momentum that sees motor finance as being a core part of its offering. 

We will be ensuring that we innovate with our customers and dealers at the heart of our proposition, utilising the breadth of knowledge within the UK and the wider European teams within BNP Paribas and I look forward to bringing our new offer to market in 2018."