LEASING company ALD Automotive has set up a company covering Latvia. ALD Automotive Latvia is a new subsidiary of ALD International and offers fleet management services to Latvian companies. Based in Riga, the company is run by Andrejs Pancenko.

 ALD International has appointed Olivier Fossion as head of international sales. He replaces Yvan Husson, who has become managing director of finance company Oster Lizing, owned by ALD parent company Societe Générale group, in Hungary.

Fossion began his career in the Belgian subsidiary of the group where he held various sales positions. He joined ALD International as international key account manager in 2001. He now reports to Pascal Serres, ALD International’s senior vice-president – sales and marketing director.