Pär Östberg has worked in Asia for many years, including the role as President of Volvo Treasury Asia. In addition, he has been a member of Nissan Diesel’s Board of Directors and as a former CFO of Renault Trucks, he has been deeply involved in the work to integrate Renault Trucks and Mack in the Group.
“Due to Pär’s experience of Asia and the integration of new acquisitions, he is especially suited to take over responsibility for the Asian truck operations,” says Volvo’s CEO Leif Johansson. “Pär provides an experience and know-how that guarantees continuity in the important work with the growth of the Group in Asia.”
Jorma Halonen’s duties in a number of internal Boards will be assumed by other members of the Group Executive Committee.
January 9, 2008
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