ALD Automotive announces the appointment of Frédéric Banco as General Manager of ALD Automotive Romania as of September, 1st.
With 20 years’ experience in operational leasing, Frederic Banco, previously General Manager of ALD Automotive Morocco will be running the operations of the Romanian subsidiary, focusing on increasing the fleet, developing the customer portfolio and car importer partnerships and maintaining a high level of satisfaction in terms of the company operational leasing services.
“Romania is a dynamic market, which has great potential and development opportunities for the operational leasing sector, that is why I consider my new position as ALD Automotive Romania General Manager as an exciting challenge with the main objective to consolidate and grow the company’s position based on previous years’ success. I am going to continue developing both the company commercial activities and the range of products and services so that customers might enjoy every innovation in the field. The main advantages of this company I already see are our strong local team, its solidity, based on the 11 years’ experience, and an important role on the local market”, stated Frederic Banco, the new General Manager of ALD Automotive Romania.
Frederic Banco is replacing Shane Dowling, who has been appointed Regional Director for South-East Europe and CEO of ALD Automotive Turkey as of September, 1st. Shane will be in charge of coordinating the activity of four subsidiaries: Turkey, Romania, Greece and Bulgaria.
“I’m about to complete my mandate in Romania after more than 5 years spent side by side with an extraordinary team, together with whom I worked on very nice multiple projects and with whom I achieved company’s business objectives. I’m pleased that thanks to my new role I will remain close to ALD Automotive Romania and to the partners that I have worked with and whom I would like to thank on this occasion for the trust invested in the company. On the other hand, through my new responsibilities, I would work on consolidating ALD Automotive’s position in each of the four supervised countries. I’m interested in a healthy and efficient growth so as to support the ALD Automotive Group strategy at regional level”, stated Shane Dowling.
The promotion of Shane Dowling as Regional Director of ALD Automotive for South-East Europe and CEO of ALD Automotive Turkey is a recognition of the results obtained during his mandate in Romania. Since 2011, ALD Automotive Romania has registered a positive evolution in terms of both vehicle fleet (over 40%) and number of customers (more than 30%) and has assumed the role of trend-setter for the operational leasing industry.
Originally from France, Frédéric Banco has a 20 years experience in operational leasing. He started his career within Temsys (lately ALD Automotive France) in 1996 and held various positions in the commercial department during 11 years. From 2007 to 2010, Frederic was in charge of the corporate division for ALD Automotive France. In 2010 he was appointed General Manager of ALD Automotive Algeria before taking the responsibility of ALD Automotive Morocco in December 2012.