Volvo Auto India hires Nalin Jain as CFO

New Delhi: Luxury carmaker Volvo Auto has announced the appointment of Nalin Jain as the new Chief Financial Officer and Jyoti Malhotra as the Director, Sales, Marketing and PR for India operations.

The Swedish carmaker has also roped in Rajeev Chauhan as the Network Director."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," said Volvo Auto India Managing Director Tom von Bonsdorff.The appointments are said to further intensify the highly experienced management team at Volvo Auto India.

"The new appointments will play a key role in steering the growth trajectory of Volvo Cars in the country," added Tom von Bonsdorff.

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.

It also seeks to increase sales volume and secure a 10 percent market share in the luxury car segment by 2020.