Vehicle leasing and fleet management company, Arval UK has announced a change to its executive management team in the UK.

Benoit Dilly, who has been Managing Director of the UK business since 2013, has left Arval UK to take up a new position within the BNP Paribas Group, based in Paris. Having held the Managing Director role for more than 4 years, he leaves the UK business following a period of sustained organic growth, and the successful integration of the GE Fleet business, which have allowed Arval to grow its market share in the UK and almost double the size of its leased fleet (from around 85,000 vehicles to more than 160,000 today).

Replacing Benoit as Managing Director of Arval UK is Miguel Cabaça, who officially started the role in November. He moves to the UK from Arval’s Corporate Head Office in Paris where he was Director of Private Lease for Arval. Previous to that, Miguel held a number of management roles within the BNP Paribas Personal Finance business which he joined in 2000.

Miguel’s background within BNP Paribas, and more recently Arval, means that the transition has been a smooth one. His experience makes him perfectly equipped to provide continuity for Arval employees and customers. Miguel and Benoit have been working together closely on this transition.