Volvo Car South Africa sees former CFO return as MD

10th April 2015 By: Irma Venter - Creamer Media Senior Deputy Editor

Volvo Car South Africa sees former CFO return as MD

Volvo Car South Africa (VCSA) announced on Friday that Greg Maruszewski would take over from over current MD Bram van der Reep when he steps down in June.

Maruszewski started his career at Volvo Cars when he was appointed VCSA CFO in 2000.

Maruszewski left South Africa in 2003 for Dubai, where he held the position of Volvo Car Middle East MD, during which time this market achieved its first ever period of profitability, said VCSA in a statement.

Following his success in Dubai, Maruszewski was appointed MD of Volvo Car Czech Republic in 2008, which was one of the few Volvo markets to show growth during the 2009 financial crisis.

Maruszewski took over as MD for Volvo Central and Eastern Europe in 2010, with these markets systematically showing increased volume and profitability under his guidance.

His most recent position was that of MD for Volvo Car Turkey, which he took up in 2013.

In 2014 this market hit record volumes and showed 20% growth compared with a market that had declined by 11%, noted VCSA.
“I am thrilled to be coming back to VCSA. South Africa is a fascinating market with great potential, especially for a cutting-edge brand such as Volvo,” said Maruszewski.