New VP at BMW Financial Services
August 27, 2004
Filed under Features
BMW Financial Services has named Sanjay Chhabria as Vice President, Operations, succeeding Lindsay Duffield, who has accepted the position of President, BMW Group Canada. The executive-level promotions are effective as of September 1.
Chhabria joined BMW FS in 1997 as Network Engineering Manager and was later promoted to General Manager, Applications Management. In March 1999, he moved into his current position as Vice President, Information Services. Chhabria will continue to report to John Christman, Chief Executive Officer of BMW Financial Services NA, LLC.
Duffield will be located in the BMW Group Canada HQ in Whitby, Ontario (Toronto) and report directly to Tom Purves, Chairman and CEO of BMW US Holding Corp.
BMW Financial Services NA, LLC was established in 1992 as a captive finance company to support the sales and marketing efforts of the BMW Group in North and Latin America. With more than $15 billion in managed assets and nearly 500,000 customers, BMW FS leases or finances more than half of the new BMW vehicles sold in the U.S. Most of 700 employees of BMW FS are based in the Dublin, Ohio Customer Service Center, where all credit underwriting, funding, customer service, title administration and collections are handled. A growing portfolio of banking, credit card and insurance offerings is also available through the BMW Bank of North America, based in Salt Lake City.