Arval UK has appointed Miguel Cabaça as its new managing director following the departure of Benoit Dilly to another role within the BNP Paribas group.

Miguel Cabaça managing director of Arval UK

Cabaça moves to the UK from Arval’s Paris head office where he was director of private lease. Prior to that, he held a number of management roles within the BNP Paribas Personal Finance business which he joined in 2000.

He officially started the new role in November under a period of transition with Benoit Dilly, who moves to a new position within the BNP Paribas Group, based in Paris, after holding the managing director role for more than four years.

During his time, the UK business has seen a period of sustained organic growth and the successful integration of the GE Fleet business, which has almost doubled the size of Arval’s leased fleet from around 85,000 vehicles to more than 160,000 today.