BNP Paribas Leasing Solutions announced the appointment of Philippe Lambert as Managing Director of the Equipment and Logistics Solutions (ELS) International Business Line, and member of the Executive Committee, effective April 1.
Lambert, 52, has extensive experience in the financial services sector, of which 16 years in the leasing industry. Since 2015, Lambert has been President of CNH Industrial Capital Europe, a Joint-Venture between BNP Paribas Leasing Solutions and CNH Industrial, the European Retail Finance captive entity for CNH Industrial Brands (notably New Holland and CASE IH, CASE Construction Equipment and IVECO). He is also the Chairman of BNP Paribas Rental Solutions Trucks, a full-service leasing specialist for commercial and industrial vehicles.
As Managing Director of the ELS International Business Lines, he succeeds Dario Ghislandi, who will be taking up a new position at BNP Paribas Leasing Solutions in Italy. Ghislandi, contributed largely to ELS’ strong and consistent growth for the past three years, exceeding for the first time the $6.76 billion of new business volumes in Europe in 2018.
As of April 1, Lambert will be responsible for the ELS global business strategy, for its organization and for monitoring its profitability. He will also manage and support the ELS Business Units in the countries where BNP Paribas Leasing Solutions operates. Furthermore, he will ensure with his teams that the pan-European partnerships and joint-ventures are monitored with the view to develop value propositions for the ELS partners (manufacturers and distributors) and their end-customers. He will also oversee the full-service leasing operations of BNP Paribas Rental Solutions Trucks.
He will report to Pascal Layan, Deputy CEO and Head of the International Business Lines, who said: “I am confident that Philippe’s diversified experience, proven track record and extensive knowledge of the leasing business will allow him to develop the right approach in all the markets and countries where ELS operates. His expertise in dealer financing and full-service leasing will especially contribute to the development of our unique full-liner approach offering a complete range of services.”
Lambert has been with BNP Paribas Leasing Solutions for 12 years now, and he started off as Head of the International Division supervising 14 countries, and as President of CLAAS Financial Services, a Joint-Venture between BNP Paribas Leasing Solutions and CLAAS, a leading agriculture manufacturer. He has also held other responsibilities within the company, such as Marketing and Products Director for the Equipment & Logistics Division (including the supervision of the dealer financing activity), and Global Head of the Transport Market.
Before joining BNP Paribas Leasing Solutions, Lambert was a member of the Executive Committee at ARVAL, BNP Paribas’ specialized entity for automobile leasing and fleet management. He was the Head of Strategy and Corporate Development from 2003 to 2007, leading Mergers & Acquisitions and organic growth initiatives.
Before that, he spent six years at BNP Paribas Group level starting in 1997, as the Global Head of the Euro Project for Paribas, and then Manager of the Coordination Central Team during the merger between BNP and Paribas, supervising the post-merger integration of the Capital Markets activities. Later, from 2000 to 2003 he was Investment Director in the Corporate Venture central team, investing in new technology start-ups for BNP Paribas, and being President or Board member for several fintechs.
He started his career in 1991 as a Consultant with Arthur Andersen, where he ended as Managing Director, in charge of the Corporate Financial risks Advisory practice.
“I am truly excited by all the business opportunities I see ahead of us for the ELS International Business Line. I look forward to sharing my enthusiasm and entrepreneurial spirit with all my teams at the Corporate level and in the countries. I am confident that together we will be able to pursue and lead the ELS transformation plan, and co-design with all our manufacturer partners a win-win and sustainable development plan based on added value solutions,” Lambert said.