Carmoola appoints Deutsche Bank MD as capital markets boss
Car finance fintech Carmoola has appointed former Deutsche Bank managing director Frédéric de Benoist as director of capital markets.
De Benoist has more than two decades of experience in the finance industry, with a background in structured finance and capital strategy. His career to date includes major roles at Deutsche Bank, culminating as managing director and head of asset finance.
In his new role, de Benoist will be responsible for developing and implementing a comprehensive capital markets strategy, leading fundraising efforts, and optimising Carmoola’s capital structure.
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His expertise is expected to be pivotal in securing funding for loans, managing financial risks, and supporting the company’s growth initiatives.
“His deep understanding of debt structures and financial markets, combined with his impressive track record, makes him the ideal leader to spearhead our capital market efforts,” said Carmoola founder and chief executive Aidan Rushby.
“I am confident that Frédéric’s leadership will significantly contribute to our goal of becoming a leading player in a new-look car finance industry that works better for consumers.”
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“Carmoola’s innovative approach to car financing and its commitment to customer empowerment align perfectly with my professional values,” said de Benoist.
“I look forward to leveraging my experience to support the company’s continued growth and success.”
UK-based Carmoola is known for fully automated, direct-to-consumer car finance. It has raised more than £145m in funding and secured backing from a range of investors including QED Investors, AlleyCorp, InMotion (part of Jaguar Land Rover), and VentureFriends.
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