CONGRATULATIONS to Ursula Wingfield, who is the new CEO of BMW Group Financial Services and BMW’s leasing company Alphabet, effective 1 August 2026.
Wingfield succeeds Mike Dennett, who moves to a new role as Head of Region Europe, BMW Group Financial Services, effective 01 August 2026
Dennett has spent more than 11 years as CEO of BMW Group Financial Services UK and Ireland. Dennett has also led Alphabet UK and Ireland since January 2022.
Moving from her position as Chief Financial Officer of BMW Group Financial Services and Alphabet for the UK and Ireland, Ursula brings extensive leadership experience from across the BMW Group, including previous roles as CEO of Alphabet Germany and CEO of BMW Financial Services South Africa.
May Wong will join as Chief Financial Officer of BMW Group Financial Services and Alphabet for the UK and Ireland, also effective 1 August 2026. She joins from BMW Group Financial Services Australia, where she is currently CEO, and has held senior roles in South Korea, Australia and New Zealand.
The UK appointments are subject to approval by the FCA.
BMW Group Financial Services UK provides retail finance, leasing and insurance products for BMW, MINI and BMW Motorrad customers and franchise retailers across the UK, while Alphabet UK provides funding for leasing broker partners, along with tailored fleet leasing and management solutions for corporate customers.
More Stories From Broker News
- Used monthly electric van sales pass 1,000 for the first time
- Charging remains biggest barrier to EV adoption for fleets – Arval
- P+B in new partnership to help businesses improve their vehicle strategies
- Anxiety around EV residuals is evaporating, reports Cazana
- Steve Cocks receives Funder of the Year trophy from BVRLA’s Toby Poston
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
