Volvo Financial Services Names New VP of Business Development & Strategy
Volvo Financial Services, the finance arm of the Volvo Group, has announced it promoted Ron Huibers to Vice President of Business Development for the U.S. and Canada business segments. Huibers will support the growth of Volvo Financial Services’ portfolio in North America with responsibility for product development and strategic planning. He will also be responsible for several business segments such as aerospace, marine, insurance, bus and accounts receivable services.
Huibers has been with Volvo since 1993 in senior leadership positions in the U.S., Europe and Canada. His last assignment was working as the Vice President of Construction Financial Services.
Volvo Financial Services provides financial services for the truck, construction equipment, bus, aerospace and marine industries. The primary brands it supports are Volvo Trucks, Mack Trucks, Volvo Construction Equipment, Volvo Rents, Prevost Bus and Volvo Penta.
Volvo Financial Services is the finance arm of the Volvo Group. The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services, and is the world's leading producer of heavy-diesel engines (9-18 liter). The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. Volvo Group sales for 2007 amounted to over 42 BUSD. The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden. Volvo Shares are listed on OMX Nordic Exchange Stockholm and are traded OTC in the US.
