ALD Automotive has named Gilles Bellemere as deputy chief executive officer as it publishes 2016 results showing growth in fleet size, total income and net income.

Giles Bellemere, deputy CEO at ALD Automotive

Effective 15 March, Gilles Bellemere replaces Pascal Serres, who joins Société Générale.

Mr Bellemere joined Societe Generale in 1987 and was appointed as director of operations at ALD Automotive France in 2001 before becoming its deputy chief executive officer in 2006. Since 2014, he has held the role of regional director of Société Générale’s French retail banking network.

His appointment comes as ALD Automotive reports its 2016 results, which saw fleet growth of +14% with approximately 1.4 million vehicles managed worldwide.

Total income last year was up +6.1  to EUR 1.24bn.

Mike Masterson, ALD CEO, said: “Keeping the momentum of the past six years, ALD delivered in 2016, another year of strong growth in fleet size, further demonstrating its leadership position. This performance is all the more satisfactory in that it was achieved while maintaining a rapid expansion of our profitability, thereby confirming the efficiency of our organization and business model. In a fast moving mobility environment, ALD is successfully positioning itself as a pioneer in innovative mobility solutions and is ideally placed to capture new growth opportunities.”