The BMW Group in the present day introduced senior administration adjustments in its Gross sales and Finance Divisions: Jean-Philippe Parain, who at present serves as Head of the Gross sales Area Asia-Pacific, Japanese Europe, Center East and Africa for the BMW Group, will assume accountability for the MINI model as of 1 October 2025.
Parain brings a wealth of worldwide expertise to the function and shall be tasked with constructing on MINI’s present momentum. Jean-Philippe Parain joined the corporate in 1997 at BMW France within the advertising division. Jean-Philippe Parain has held a number of senior administration roles together with President and CEO BMW Group Belux, Head of MINI Europe and Head of Gross sales Area Europe. Underneath his management, the Gross sales Area Asia-Pacific, Japanese Europe, Center East and Africa noticed significantly sturdy development and reached phase management for the premium manufacturers BMW and MINI.
”We’re satisfied that Jean-Philippe Parain, together with his management expertise and gross sales experience, will assist MINI construct on the sturdy basis of the brand new mannequin household and realise the model’s nice potential in coming years,” mentioned Jochen Goller, Member of the Board of Administration of BMW AG, liable for Buyer, Manufacturers and Gross sales.
Stefan Richmann, at present Head of the MINI model, will tackle the function of Head of Treasury and Investor Relations for the BMW Group, efficient
1 October 2025. Underneath Stefan Richmann’s management, MINI has seen a robust gross sales enhance by about 25% per August 2025 in comparison with the earlier yr, with the brand new MINI mannequin lineup resonating strongly with clients world wide. Particularly the all-electric MINI fashions noticed vital development throughout the yr.
“Stefan Richmann has finished an excellent job in steering the MINI model into the long run and positioning it for continued development and success,” mentioned Jochen Goller.
As Head of BMW Group Treasury, Stefan Richmann shall be liable for the financing actions of the BMW Group, together with liquidity administration, pension funding and monetary threat administration. Moreover, BMW Group Investor Relations, as a part of his accountability, function the interface to the capital market.
“I’m trying ahead to welcoming Stefan Richmann in his new place as Head of Treasury. Stefan’s monetary experience and strategic imaginative and prescient make him the perfect candidate to convey the BMW Group Treasury and Investor Relations to the following degree”, mentioned Walter Mertl, Member of the Board of Administration of BMW AG, liable for Finance.
Stefan Richmann started his profession on the BMW Group in 1997. Since then, he has held quite a few managerial positions inside the firm. From 2008, Stefan Richmann was liable for BMW Spain funds as CFO. He returned to Munich on the finish of 2010, the place he fulfilled a number of additional administration roles within the Finance and Controlling division and Product Administration at BMW Group headquarters. From 2017, Stefan Richmann served as CFO of BMW North-America and later as Head of BMW Monetary Companies America. In April 2022, he took over as head of the Company Technique division, and in 2024 as head of the MINI model.
Ritu Chandy, at present Head of BMW Group Treasury, will succeed Jean-Philippe Parain as Head of the BMW Group Gross sales Area Asia-Pacific, Japanese Europe, Center East and Africa on 1 October 2025.
Ritu Chandy started her profession with the BMW Group in 2001 at BMW Australia and has held senior administration roles throughout BMW Group’s international footprint together with CFO for BMW Group Monetary Companies of North America and CEO of the BMW Group Monetary Companies Asia-Pacific Area earlier than relocating to Munich in April 2022 for her present place. On this function, Ritu Chandy has pushed change in capital market interplay and earned widespread respect with monetary market stakeholders for her transparency, strategic method and unwavering dedication.
“We’re assured that Ritu Chandy, along with her drive and energy in efficiently managing heterogeneous markets, will proceed to construct on the sturdy gross sales efficiency within the area. I want to thank Ritu, who has labored tirelessly to strengthen the BMW Group’s repute within the monetary market and, collectively along with her groups, has pushed ahead course of enhancements in Group Treasury,” mentioned Walter Mertl.
Her appointment as Head of the Gross sales Area Asia-Pacific, Japanese Europe, Center East and Africa for the BMW Group comes into impact as of 1 October2025. Based mostly on her earlier roles, Ritu Chandy has complete information and expertise with the area that may allow her to drive gross sales throughout this portfolio spanning quite a few markets and cultures.
“Ritu Chandy’s appointment brings a frontrunner with a novel mix of monetary acumen and deep regional experience to a key pillar of our international footprint,” mentioned Jochen Goller.
The Board of Administration needs all three senior managers a lot success of their new roles.
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