Tuesday, October 19, 2010

GE Capital Appoints Business Leader for Fleet Services in Canada

MONTREAL, Oct. 18 /CNW Telbec/ - GE Capital today announced that Prithviraj Dasgupta has been named Senior Vice President and Managing Director of GE Capital's Fleet Services business in Canada. In his new role, he will be responsible for leading the business' growth strategies while further strengthening GE Capital Fleet Services' position as one of the leading providers of fleet financing and management services in Canada.

"I am pleased to welcome Prithviraj to this leadership role at a time when GE Capital is making significant investments in its Fleet Services division in Canada," said Patrick Palerme, President and CEO of GE Capital in Canada. "Prithviraj has a deep understanding of the business. As a strong customer advocate, he has already inspired the launch of an integrated Driver Safety Management program and enhancements to our customer service and vehicle ordering platforms over the past year. He will continue to play a critical role in delivering a superior fleet experience to our customers and establishing us as a leader in the fleet industry."

"Our Fleet Services business is uniquely positioned to help customers save time and money with a reliable source of financing, backed by our AA+ credit rating, and integrated management services, powered by our Lean Six Sigma processes," said Prithviraj. "I am excited to take on the leadership of this business and deliver to our customers a strong focus on customer service, industry-leading products and innovative technology."

Since starting his career at GE Capital in 2001, Prithviraj has held positions of increasing responsibility in operations, relationship management and globalization with GE Capital businesses in India, the United States and Canada. Since 2006, he served in a dual role as Globalization Leader with GE Capital in Connecticut, USA and Operations Leader for Fleet Services, Canada. Prior to joining GE, he worked in sales management at Philips Lighting. He holds a bachelor's degree in Economics and a post-graduate diploma in Business Management.

About GE Capital

GE Capital in Canada (www.gecapital.ca) is a leading provider of financial and fleet management solutions to businesses operating in a broad range of economic sectors, including construction, transportation, energy, manufacturing and retail. The business' customized solutions includes leases, asset-based working capital and term financing, cash flow financing, corporate aircraft, franchise and fleet financing as well as financial solutions and services to equipment manufacturers, operators, distributors, dealers and their end users. General Electric (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems.

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