BMW India Financial Services has appointed Andreas Modlmayer as its new Managing Director and Chief Executive Officer, marking a strategic leadership transition aimed at strengthening its presence in one of Asia’s fastest-growing luxury automotive markets. Modlmayer succeeds Jaejoon Lee, who returns to BMW Korea after completing his tenure in India. With over two decades of international experience across BMW Group Financial Services in markets such as Greece, China, Hong Kong, and New Zealand, Modlmayer is expected to bring a fresh perspective to the Indian operations.