Arval UK names Lakshmi Moorthy as new MD
16 people found this useful Arval UK has announced a change to its executive management team with the appointment of Lakshmi Moorthy as managing director, replacing Miguel Cabaca. Cabaca has headed-up the UK business since December 2017 and will take up a new position within the group in Spain as managing director. Having held the UK MD role for more than three and a half years, he leaves the business following a period of sustainable growth, increasing its fleet from 160,000 to more than 175,000 vehicles today. He said: “It’s been a great journey leading Arval UK and I’m proud of the a...