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August 15, 2022

ALD Automotive Romania has new General Manager: Frédéric Banco replaces Shane Dowling

ALD Automotive, the specialized division in operational leasing and fleet management vehicles of the Group Société Générale, announces the appointment of Frédéric Banco in the position of General Manager of ALD Automotive Romania starting with September 1, 2016.

With an experience of 20 years in operational leasing, Frédéric Banco, who was previously the CEO of ALD Automotive Morocco, will lead the branch operations in Romania, with the objectives of both the increase in the fleet, developing the clients portfolio and the partnerships with the car importers and also maintaining a high degree of satisfaction regarding to the operational leasing services of the company.

“Romania is a dynamic market, with potential and growth opportunities for the operational leasing segment. Therefore, for me, the new position of General Manager of ALD Automotive Romania is a challenge that allows me to build further, having on my base the success of the previous years. I intend to further develop the commercial activities of the company, both the range of products and services, so that the customers could benefit from all the innovations in the domain. The main advantages are that I have found here a united team and a solid company, with an experience of 11 years and with an important place in the local market. “Said Frédéric Banco, the new CEO of ALD Automotive Romania.

Frédéric Banco replaces Shane Dowling, who will be promoted, from 1 September 2016, to the position of Regional Director ALD Automotive in Southeast Europe and also will become, the CEO of ALD Automotive Turkey. Shane will coordinate the activity of the 4 branches in Turkey, Romania, Greece and Bulgaria.

“I conclude my mandate in Romania after more than five years spent with an extraordinary team, with whom I worked on such many successful projects and I have  achieved the company’s ALD Shane Dowlingbusiness objectives. I am glad, that with my new role, I will stand by the ALD Automotive Romania and by the partners with whom I have worked closely and,with this opportunity, I also thank them for the invested trust in this company. On the other hand, through my new responsibilities, I intend to consolidate the positions that the company has in each of the four countries. I am interested in a healthy and efficient growth, so as to support the objectives of ALD Automotive Group at regional level,” said Shane Dowling.

The Shane Dowling’s promotion to the position of Regional Director ALD Automotive in Southeast Europe and CEO ALD Automotive Turkey comes as a recognition of the achieved results during his tenure. Since 2011, ALD Automotive Romania registered a positive development both in terms of increasing the fleet (over 40%) as for the number of customers (more than 30%) and has assumed the role of trend-setter of the operational leasing industry.

A native of France, Frédéric Banco started his career in 1996 in Temsys (which later became ALD Automotive France) where, for 11 years, he held various positions within the commercial department. From 2007 to 2010 he led the corporate customers division at ALD Automotive France. In 2010 he was appointed General Manager of ALD Automotive Algeria, before he takes over the responsibilities of the General Manager ALD Automotive Morocco in December 2012.


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