Fraikin Group, the European vehicle leasing and fleet management firm, has appointed David Lubek as chief financial officer (CFO), supporting work to strengthen its footprint across core European markets.
Lubek, who joins the group’s executive committee, brings more than 25 years of financial leadership experience across both public institutions and major European corporates.
In his new role, he will lead Fraikin Group’s financial organisation, with a mandate to “accelerate the company’s strategic ambitions, enhance capital structure efficiency and reinforce financial discipline”.
His remit includes overseeing all aspects of financial management, ranging from planning, reporting, treasury, risk, investor relations, through to fleet financing, pricing and the IT strategic roadmap.
A graduate of École Polytechnique and ENSAE, Lubek began his career at the French Ministry of Finance before assuming senior executive positions at Groupama and Casino Group, where he served as group CFO.
Yves Pétin, Fraikin Group chief executive officer, said: “David brings deep expertise in corporate finance, capital markets and operational execution. His strategic orientation and proven track record in driving financial value creation will be instrumental as we continue to scale our platform and deliver long-term sustainable returns for our shareholders and stakeholders.”
Lubek commented: “Fraikin’s strong market position, customer-centric model and commitment to operational excellence, innovation and sustainability make it a truly compelling organisation. I look forward to working alongside the leadership team to enhance financial performance, capital efficiency and strategic reach across Europe.”
