Leaseurope, the trade body representing leasing and automotive rental at European level, has welcomed Massimiliano Moi, CEO of UniCredit Leasing as a new member of its Board of Directors. Moi is currently Chief Executive Officer of UniCredit Leasing. He has held a number of managing positions in key sectors of the financial services market over the past 12 years. Moi takes over in his new position from Lamberto Cioci, former General Manager of Banca Agrileasing.

As a Federation, Leaseurope brings together associations throughout Europe that represent either the leasing, long term and/or short term automotive rental industries. The scope of products covered by Leaseurope's members ranges from hire purchase and finance leases to operating leases of all asset types (automotive, equipment and real estate) and also includes the rental of cars, vans and trucks.

It is estimated that Leaseurope represents approximately 96% of the European leasing market. In 2008, 330 billion euros of new leasing volumes were granted by the firms represented through Leaseurope's members, contributing to financing on average 18% of total European investment. Moreover, these firms are responsible for the leasing and rental of around 16 million cars throughout Europe.

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