The former head of ING Lease Group, Alain
Vervaet, has joined automotive software company Bynx Limited as a
non executive director.
Vervaet will help Bynx, which specialises in
providing software for the contract hire, fleet management and
rental originated market, as it seeks to make inroads into the pan
European market.
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Mark Binks, group managing director of Bynx
Limited, commented: “Vervaet’s appointment brings a wealth of
European expertise to the board. Our customers demand solutions
that can be implemented internationally but that also meet local
requirements, which are not necessarily harmonised
Europe-wide.”
Commenting on his appointment, Vervaet said:
“The vehicle leasing market is poised to expand – particularly in
Eastern Europe where the product is still immature and were the
economies are expected to grow faster than Western Europe.”
Vervaet was a popular head of ING Lease Group,
and during his leasing career spanning three decades he also served
as chairman of the Belgian Leasing Association and the European
Leasing Federation.
In 2008, Leasing Life awarded him the
‘Lifetime Achievement Award’ at its annual awards in December.
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By GlobalDataHe has published a number of articles and
papers on the vehicle leasing industry and is a contributing author
of European language versions of The Fiscal Practice Book
and Leasing Handbook, a press statement said.
Brendan Malkin
