ALD Automotive elevates Karmakar as country MD

ALD Automotive elevates Karmakar as country MD

Suvajit Karmakar  will implement the combined entity’s integration plan.

ALD Automotive, after completing the acquisition of 100% of LeasePlan, one of the world’s leading fleet management and mobility companies from a consortium led by TDR Capital, has announced management changes in India.

Tim Albertsen, CEO ALD Automotive | LeasePlan, has appointed Suvajit Karmakar, previously GM, ALD Automotive in India, as Country Managing Director and Asia Sub-regional Director, overseeing business activities for the Group in Malaysia and Thailand. This appointment is effective immediately.

He will implement the combined entity’s integration plan, the company said in a statement.

With this acquisition ALD will have a total fleet of 3.3 million vehicles managed worldwide. 

ALD Automotive and LeasePlan in India will begin the process of integrating into one company, subject to regulatory approval.

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