Gurugram — BMW Group, Mr. Andreas Modlmayer has been appointed as the new Managing Director and Chief Executive Officer of BMW India Financial Services, succeeding Mr. Jaejoon Lee.
Mr. Andreas Modlmayer has been with the BMW Group since 2000. Most recently, he served as CEO of BMW Austria Bank in Greece. He brings extensive leadership experience from BMW Group Financial Services across multiple markets, including New Zealand, China, and Hong Kong. Mr. Modlmayer began his career at BMW Bank GmbH in Munich, working in Sales and Marketing.
Ms. Lisa Ng, Regional Chief Executive Officer of BMW Group Financial Services for Asia Pacific, said, “Mr. Andreas Modlmayer brings valuable expertise and strong leadership, having successfully developed BMW Financial Services in diverse markets for over two decades. India is a key market for us, and we are confident he will drive further growth as he takes charge of BMW India Financial Services. We also thank Mr. Jaejoon Lee for his immense contributions in recent years. He led the company with new product initiatives and a focus on customer centricity, strengthening the foundation for future growth. We wish him all the best as he returns to BMW Korea.”
Under Mr. Jaejoon Lee’s leadership, BMW India Financial Services successfully upheld its position as a premium provider of comprehensive automotive financial solutions in India.
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