Volvo Financial Services (VFS) appointed Brian Dumbill chief risk officer. In this role, Dumbill will be responsible for managing the global portfolio, asset management and remarketing, operational control and enterprise risk management for the company. He will be a member of the VFS executive management team.

“In his new role, Brian will develop plans to mitigate risk in alignment with our business needs and objectives, and implement global risk management strategies,” Marcio Pedroso, president of VFS, said. “He will also oversee the VFS risk and credit approval process and business line management through transaction assessment and structuring support. I’m very pleased to have such a seasoned and talented colleague in this key role.”

Dumbill has 29 years of leadership and financial services experience in the Volvo Group. Prior roles include SVP and global CFO for VFS, SVP and CFO for VFS Asia Pacific, VP controller and operational compliance for VFS Headquarters, VP Finance for VFS EMEA, and, most recently, acting president and VP of finance for VFS Americas.

Dumbill is a fellow of the Chartered Institute of Management Accountants in the UK, as well as a Chartered Global Management Accountant. He will remain based in Greensboro, NC, and report to Pedroso.