Fleet provider Alphabet GB has appointed Stefan Oswald to the role of chief financial officer, replacing Albert Vissers, who returned to Alphabet’s operation in the Netherlands.

Oswald joined from BMW Bank GmbH in Munich where he served as global head of asset risk for five years. Prior to this role, he has also worked at both the Swiss and Scandinavian operations of BMW Financial Services, and once held a role at PwC in London.

He said: “When I was offered the opportunity to move from my role at BMW Bank in Munich, I jumped at the chance. As a commercially-focused chief financial officer I’m looking forward to being part of Alphabet’s leadership team in the UK.”

“The leasing and mobility industry is more competitive, more advanced and customer focused than almost any other area of automotive finance, so I’m relishing the challenge.”

His predecessor in this role, Albert Vissiers, will now serve as chief financial officer for the Dutch market at Alphabet Nederland B.V.