ALAIN Van Groenendael has been appointed Chairman and CEO of Arval, specialist in full service vehicle leasing, bringing 30 years of international experience to the business.

Van Groenendael spent a large part of his career at Citibank in a wide variety of roles and locations, culminating as CEO of Consumer Bank, Western Europe and a member of the Citigroup Management Committee.

He has also held the posts of Chairman of the Loans and Financial Services Division at the PPR Group and Chairman and CEO of Finaref.

In 2008, he was appointed Board member and Deputy Chief Executive Officer of BNP Paribas Personal Finance and in 2015 was made Chairman of the company and joined the Management Committees of both International Financial Services and Retail Banking at BNP Paribas Group.

He played a leading role in the international development of the group by forming many strategic partnerships in the financial services, vehicle and distribution industries, as well as encouraging the digital transformation of the company.

From November 2017 to June 2018, he was the Chairman of Opel Vauxhall Finance.

At the same time, Van Groenendael was also Vice-President of the ASF (French Association of Specialised Financial Companies) and President of Eurofinas (European Federation of Finance House Associations).

Van Groenendael is a graduate of ICHEC Brussels Management School and also a qualified Sales Engineer from Saint-Louis University in Brussels.

His appointment at Arval took effect on 1st January 2019.