BMW Group Australia has appointed Mario Lourenco as chief executive of BMW Group Financial Services Australia and New Zealand, effective 1 August 2026.
Lourenco brings more than 25 years in the finance sector, with a track record across digitalisation, business transformation and leadership in international markets.
He began his career with BMW Group Financial Services Portugal in 2006 and has since held senior roles in Brazil, Spain and China, where he served as chief operating officer of BMW AFC China. Most recently he was appointed chief executive of BMW Financial Services Mexico and Importer Markets in May 2025.
Lourenco succeeds May Wong, who moves to the role of chief financial officer at BMW Financial Services UK, also from 1 August.
Wong joined BMW Group Financial Services in 2001 and has held several senior positions across the business, including chief financial officer in Korea, chief operating officer in Australia, and chief executive of BMW Financial Services Australia and New Zealand.
During her tenure leading the local operation, Wong implemented a growth strategy that delivered record new business volume, finance penetration and customer retention. The business strengthened dealer engagement, modernised its go-to-market approach and expanded its product finance portfolio and strategic partnerships under her leadership.
BMW Group Financial Services provides retail finance, leasing and insurance products for BMW, MINI and BMW Motorrad customers and franchise retailers across Australia and New Zealand. It also offers fleet leasing and management solutions for corporate customers.
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