Scott Rafkin has been appointed president of Volvo Financial Services (VFS). He is currently the acting president of VFS, and prior to that, chief financial officer of the same company.

Rafkin has held various senior positions within VFS since 2001, and has been the acting president since January 2014, when he replaced the previous president Martin Weissburg. Rafkin has over 17 years’ financial services experience and an extensive in-depth knowledge of the transportation and equipment finance industry.

Rafkin will report to Jan Gurander, Volvo Group CFO and executive vice president, Corporate Finance and Control; he will be a member of the Volvo Group Executive Team.

Rafkin will begin the position on July 1, 2014.