Changes at finance provider
A senior leadership appointment for BMW Group Financial Services Australia and New Zealand has been announced with Mario Lourenco being appointed as chief executive officer, effective from August 1.
Lourenco, pictured, has more than 25 years of experience in the finance sector. He has a strong track record in digitalisation, business transformation and leadership across international markets.
He began his career with BMW Group Financial Services Portugal in 2006 and has since held senior leadership positions in Brazil, Spain and China where he served as chief operating officer of BMW AFC China. Most recently, in May 2025, Lourenco was appointed CEO of BMW Financial Services Mexico and Importer Markets.
Lourenco succeeds May Wong, who has been named chief financial officer of BMW Financial Services, UK.
Since joining BMW Group Financial Services in 2001, she has held senior roles across the business. These have included CFO in South Korea, chief operating officer in Australia, and CEO of BMW Financial Services Australia and New Zealand.
During Wong’s tenure as CEO for BMW Group Australia from 2021-26, she implemented a growth strategy and delivered “outstanding” business results, including record new-business volume, penetration and client retention.
Under her leadership, BMW Financial Services Australia and NZ strengthened dealer engagement, enhanced customer experience and modernised its go-to-market approach. She also oversaw the expansion of the product finance portfolio and key strategic partnerships.
BMW Group Financial Services provides retail finance, leasing and insurance products for BMW, Mini and BMW Motorrad customers and franchises on both sides of the Tasman. It also offers tailored fleet leasing and management solutions for corporates.
