Alphabet (GB) and BMW Financial Services (GB) has confirmed a series of leadership changes that will come into effect over the coming months.
Current BMW Financial Services (GB) chief executive Mike Dennett will assume the role of chief executive for Alphabet in the UK, effective from 1 January 2022.
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Nick Brownrigg, chief executive of Alphabet (GB) Limited since 2016 will take up a new position as chief executive of BMW Group Financial Services in the Netherlands, a newly created role which combines responsibility for both the retail financial services business, as well as the fleet leasing and mobility operations.
With effect from 1 November 2021, Ursula Wingfield takes on the role of chief financial officer for Alphabet (GB), in addition to her current role as CFO for BMW Financial Services (GB), a position she has held since August 2020. Wingfield is well acquainted with Alphabet, having previously spent five years as chief executive of Alphabet in the German market prior to her UK appointment.
After almost five years with Alphabet, present CFO Stefan Oswald will take on a new role as CFO for the BMW Bank in Italy, effective from 1 November 2021.
All UK appointments are subject to Financial Conduct Authority (FCA) approval.
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By GlobalDataAlphabet and BMW Financial Services are sister organisations within the BMW Group and some supporting functions and services are already shared between the two companies. Both businesses are also regulated by the FCA.
Earlier this year, Alphabet partnered with engineering and construction firm – J Murphy & Sons – as its new company car fleet partner.
Murphy employees will have access to a variety of electric vehicles (EVs) and plug-in hybrids (PHEVs). Under the agreement, Alphabet will provide the company with full fleet funding alongside damage reporting, roadside assistance, tyre replacements and mileage tracking.
Mike Carpenter, managing director at Murphy Plant, said: “We’re really excited to be entering into this new partnership with Alphabet. At Murphy, we pride ourselves on doing what we can to reduce our impact on the world around us.”
