Volvo Cars appoints Bjorn Annwall as Chief Financial Officer
Volvo Cars has appointed Bjorn Annwall as Chief Financial Officer, effective 19 April 2021. He is the successor to Carla De Geyseleer, who is to step down from her position for personal reasons.
Bjorn Annwall has been a member of the executive management team at Volvo Cars since joining the company in 2015, and he has been head of the EMEA region since 2019. Prior to leading EMEA, Bjorn Annwall led Volvo Cars’ commercial operations division and corporate strategy, following his initial role leading marketing, sales, and service.
He joined Volvo Cars from McKinsey & Co where he worked closely with Volvo Cars for five years and implemented a global transformation programme following the acquisition of the company in 2010 by Zhejiang Geely Holding, China’s leading privately-owned automotive group.
“I am pleased to announce Björn as our new chief financial officer,” said Håkan Samuelsson, chief executive. “He is a modern leader with broad experience of Volvo Cars and deep strategic understanding of our rapid transformation. This puts him in an excellent position to support the continued growth and financial performance of our business. At the same time, I would like to thank Carla De Geyseleer for her contribution to Volvo Cars’ continued success and I wish her all the best in her future endeavours.”
Commenting on his appointment, Bjorn Annwall said: “I am deeply honoured to have been appointed as the CFO of Volvo Cars and excited about the task ahead. There is great momentum within the company and we are in the middle of an industry-wide transformation where we have the ambition to be the fastest transformer. I keenly look forward to working with colleagues and partners in driving sustainable and profitable growth for the company.”