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New MD announced for Volvo finance division

Date: 01 September 2022   |   Author: Sean Keywood

Steve Catlin has been appointed as the new managing director of Volvo Car Financial Services UK (VCFSUK).

Catlin has held senior roles with a number of car manufacturers, and joins VCFSUK from Volkswagen Group, where he was most recently director of sales, people, and network development for Audi UK. He replaces the retiring David Baddeley in his new role.

VCFSUK was established last year as a joint venture between Volvo and Santander, and offers products including business contract hire. 

Catlin said: "I am looking forward to working with an amazing brand such as Volvo Cars that has been at the forefront of bringing positive change to the automotive landscape.

"I believe financial services plays a critical role in supporting the transformation we are witnessing in the industry. How we deliver innovation and provide a flexible platform for our customers and partners in the future will be key factors in securing success."

Volvo Car UK managing director Kristian Elvefors said: "I am pleased to welcome Steve to Volvo Car Financial Services UK and his new role. Financial services are crucial to Volvo's operations, and they will play an even bigger role in the future as we further develop as a company. 

"I look forward to working closely with Steve to ensure our two businesses remain aligned and wholly focused on meeting the needs of all our customers."



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