Volvo Financial Services Region the Americas announced that Tom Guse has been promoted to president of Volvo Financial Services for operations in the U.S.

Guse will have responsibility for both the truck and construction financial services organizations, credit, collections and retail origination functions, wholesale financing and several staff functions, including finance and human resources.

Guse has been with Volvo Financial Services since 2007 and has more than 25 years in captive finance company experience. His prior assignment was vice president of truck financial services, with responsibility for truck finance sales in the U.S.

Volvo Financial Services is the finance arm of the Volvo Group, one of the world’s leading providers of commercial transport solutions. The company provides financial services for the truck, construction equipment, bus, aerospace and marine industries.