Volvo Car Group has appointed Hans Oscarsson to replace Jan Gurander as chief financial officer.

Since being sold by Ford Motor Company, the Swedish marque has established requisite accounting reporting and controls and signed a series of finance agreements with Chinese and international banks.

Volvo is now majority-owned by Chinese manufacturer Geely, with which it plans to release its first car in 2014.

Oscarsson was temporary chief financial officer at Volvo during the Geely takeover and has been with the brand since 1990. Currently deputy chief financial officer and operational controller at Volvo Cars, he will take up his new position on 1 August.

richard.brown@timetric.com

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