Leasing and fleet management specialist Fraikin Group has appointed David Lubek as chief financial officer (CFO) to accelerate the company’s drive for growth.
Lubek, who will become a member of Fraikin Group’s executive committee in his new role, brings more than 25 years of financial leadership experience across both public institutions and major European corporates.
A graduate of École Polytechnique and ENSAE, he began his career at the French Ministry of Finance before assuming senior executive positions at Groupama and Casino Group, where he served as group CFO.
During his tenure at Casino, Lubek played a pivotal role in driving complex financial transformation initiatives, including structured financing arrangements, performance optimisation, and significant improvements in profitability and free cash flow generation.
In his new role, Lubek will lead Fraikin Group’s financial organisation, with a mandate to accelerate the company’s strategic ambitions, enhance capital structure efficiency, and reinforce financial discipline.
His remit includes overseeing all aspects of financial management, including planning, reporting, treasury, risk, investor relations, fleet financing, pricing and IT strategic roadmap, as the group strengthens its footprint across core European markets.
Yves Pétin, Fraikin Group chief executive, said: “We are pleased to welcome David Lubek to Fraikin Group.
“David brings deep expertise in corporate finance, capital markets, and operational execution.
“His strategic orientation and proven track record in driving financial value creation will be instrumental as we continue to scale our platform and deliver long-term sustainable returns for our shareholders and stakeholders.”
Lubek added: ““I am delighted to join Fraikin Group and contribute to its next phase of growth.
“Fraikin’s strong market position, customer-centric model, and commitment to operational excellence, innovation, and sustainability make it a truly compelling organisation.
“I look forward to working alongside the leadership team to enhance financial performance, capital efficiency, and strategic reach across Europe.”
