Volvo Trucks appoints Naomi Adams as new CFO

Commercial Motor
February 28, 2024

Naomi Adams has been appointed as Volvo Trucks UK & Ireland’s new chief financial officer.

She joins the company after working within the Daimler Group for more than 20 years in various financial roles. 

Since the turn of the century Adams has worked within automotive, starting as a credit controller. She then took on roles including van brand controlling team leader at Mercedes-Benz UK and head of finance and controlling trucks at Mercedes-Benz Trucks. For the past three years Adams has been working as the chief financial officer for Athlon UK, Daimler’s car finance and leasing division. 

Adams said: “Though I’ve been fortunate to work across vehicles of all sizes during my career, I have always held a particular interest in HGVs and so the opportunity to join Volvo Trucks was simply too good to turn down.

“Today is a hugely exciting time to be working in the commercial vehicle sector, not only considering the significant switch we’re seeing towards low and zero carbon mobility solutions but also financially as stakeholders look to rebuild post-pandemic and amidst an ever-evolving economic climate. Helping our customers balance financial stability alongside the shift to electric vehicles is absolutely core to my role and I can’t wait to get stuck in and help accelerate our industry’s decarbonisation goals.

“Looking to the months and years ahead, ensuring Volvo Trucks has a strong financial footing is more important than ever before. Solidifying that foundation is what will allow our sales teams and dealer network to continue delivering the robust levels of service our customers have come to expect. It is an honour to be a part of that process.”

Adams succeeds Fabian Walch and will report to Volvo Trucks UK & Ireland managing director Christian Coolsaet. Her new role will be based from Volvo’s head office in Warwick. 

 

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