Leadership reshuffle at CA Auto Bank Group

CA Auto Bank and Drivalia have announced a significant strategic leadership transition at the Group’s highest levels, with Roberto Sportiello appointed as the new CEO of Drivalia, and Paolo Manfreddi set to take the helm at Ferrari Financial Services GmbH, pending regulatory approval.

The dual appointment marks a pivotal moment for both companies, signalling a new chapter in leadership and vision. Effective today, Roberto Sportiello steps into the role of CEO at Drivalia, the Group’s innovative rental and mobility arm. He succeeds Paolo Manfreddi, who has led Drivalia since its inception in 2022 and will now bring his expertise to Ferrari Financial Services, a joint venture between CA Auto Bank and Ferrari N.V.

Sportiello brings over two decades of international experience in automotive financial services within the Group. Most recently, he served as CEO of Ferrari Financial Services, where he has been instrumental in driving robust growth and reinforcing the brand’s financial strength. His appointment to Drivalia reflects the company’s ambition to enter a new phase of European expansion and innovation in sustainable, customer-centric mobility solutions.

“It is with great enthusiasm that I take the baton from Paolo, a professional I admire and who has built a solid and dynamic company,” said Sportiello.

“I look forward to working with the Drivalia team on the future of mobility. We will need to accelerate the Group’s development and consolidation throughout Europe, working on integrated, innovative, and sustainable mobility solutions, with a focus on the quality of customer service.”

Manfreddi, widely recognised as a pioneer in mobility services, led Drivalia through a period of rapid growth, establishing it as a prominent player in the European market in just three years. He now transitions to Ferrari Financial Services, a long-standing joint venture supporting Ferrari’s retail and leasing strategies across Germany, the UK, and Switzerland.

“I am truly proud of the journey we have taken with Drivalia and of the extraordinary team I have had the honour of working with,” said Manfreddi.

“I bring this unique experience to a new adventure that is as prestigious as it is challenging. I am convinced that Roberto is the perfect leader to continue Drivalia’s growth, and I wish him all the success he deserves.”

Giacomo Carelli, CEO of CA Auto Bank, praised both executives for their achievements and highlighted the strategic intent behind the transition.

“This change, born from a shared strategic vision, aims to leverage the know-how and skills of two highly experienced leaders,” said Carelli.

“I thank Paolo Manfreddi for the extraordinary work with which he brought Drivalia to life, turning it into a European success in record time. The new challenge at Ferrari Financial Services is a well-deserved recognition of his career. At the same time, I am pleased to welcome Roberto Sportiello, a manager who brings with him a great focus on the customer and deep financial expertise, as demonstrated by his excellent track record at Ferrari Financial Services. He is the right person to lead Drivalia towards new and ambitious goals.”