THE PSA Peugeot Citroen supervisory board has chosen Christian Streiff to replace Jean-Martin Folz as chairman of its managing board.

Streiff joins PSA Peugeot Citroen today and will spend the next few months meeting teams and employees and getting to know the group.

Streiff was previously president and CEO of Airbus. He has also been a non-executive director of Thyssen-Krupp and Continental AG since 2005.