Grégoire Chové has been nominated CEO of the new division as of 1 October and brings more than 10 years' experience of driving the set up and development.

He commented that: ‘New Channels and SMEs Business line is opening up opportunities within a vast prospect portfolio of small companies and entrepreneurs for Arval,' and added that it is dedicated to address the SME market in various local markets through direct distribution as well as an innovative indirect approach

Mr Chové is a graduate of the French business school "Institut Supérieur de Gestion" and started his career at Arval. He progressively held different positions in France, Italy and at international level, mainly in the sales area.