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Monday, March 20, 2023

Volvo Monetary Providers appoints Louise O’Sullivan as business director

Volvo Monetary Providers UK has appointed Renault Group’s Louise O’Sullivan as its new business director.

Former Dacia head of name, director of community operations and advertising and marketing director O’Sullivan succeeds Chris Eady within the submit from at present (February 1), a press release issued by the VCFSUK revealed.

Established in early 2021 as a 50/50 three way partnership between Volvo Automobiles and Santander Shopper (UK), VCFSUK is the supplier of retail and wholesale funding for Volvo Automobiles’ UK retail community, in addition to the efficiency electrical automobile (EV) model Polestar and the taxi and light-weight business automobile (LCV) producer The London Electrical Car Firm (LEVC).

Commenting on her appointment, O’Sullivan mentioned: “Volvo Automobiles, Polestar and LEVC are a number of the most fun and progressive manufacturers available on the market, and I’m trying ahead to serving to design and ship monetary providers that completely tackle the various and altering wants of shoppers as they undertake to new automobile utilization and possession fashions.”

O’Sullivan was profiled by AM in her function as Dacia UK head of name in 2019, alluding to its inexpensive ideas as she described it as a “Brexit model”.

At VCFSUK she takes up the reins from Chris Eady, who joined Volvo six years in the past as head of community and distribution technique, and has led the business operate at VCFSUK because the firm’s inception in 2021.

Company transition

Earlier this week AM reported on Volvo Automobile UK’s resolution to postpone the roll-out of its company mannequin retail technique within the UK – its pilot space for the brand new distribution technique – from April to July.

The announcement got here in a letter that exposed a lot of administration modifications which UK managing director Kristian Elvefors mentioned had “considerably upweighted useful resource inside the UK DTC undertaking workforce”.

In the present day’s press launch from VCFSUK additionally introduced Andy Jones’ appointment as nationwide gross sales supervisor.

Jones took up his place on January 3 from the VW Group the place he was most lately space gross sales supervisor for Audi.

In his new function, Andy will work intently with Louise and the complete Volvo retailer community to help the general finance proposition from VCFSUK and the transition to the brand new company mannequin.

Commenting on O’Sullivan’s appointment, VCFSUK managing director Steve Catlin mentioned: “Louise brings nice expertise and insights to our firm at a crucial time.

“Our business is reworking to a brand new company mannequin, altering the function performed by monetary providers.

“This requires management in making knowledgeable and efficient business selections – a top quality that Louise has demonstrated beautifully.

“I’m positive she is going to make a useful contribution to our work with Volvo Automobiles, Polestar and LEVC.”

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