Volvo Auto India Appoints Nalin Jain As CFO

New Delhi: Swedish luxury carmaker Volvo Auto has appointed Nalin Jain as chief financial officer and Jyoti Malhotra as director-sales, marketing and PR for India operations.

Besides, the carmaker has also roped in Rajeev Chauhan as network director.

The new appointments further intensify the highly experienced management team at Volvo Auto India and will play a key role in steering the growth trajectory of Volvo Cars in the country, Volvo Auto India said in a statement.

“The new robust team brings in industry, market and cultural experience with proven track record from different functions and markets. This team will lead our accelerating plans for India,” Volvo Auto India managing director Tom von Bonsdorff said.

This year has been a promising year for Volvo and the company has an aggressive plan to grow further by launching many exciting new models, some of which will be game changers for Volvo in India, he added.

“We have an on-track for a 20 per cent year-on-year growth this year. As a part of our expansion plan we are looking at expanding our dealer network aggressively with Pune, Lucknow and Jaipur planned for this calendar year,” Mr Bonsdorff said.

The company seeks to increase sales volume and secure a 10 per cent market share in the luxury car segment by 2020, he added.