“I assume this new position with enthusiasm and motivation to continue strengthening Volvo Financial Services’ operations in Latin America,” said Meirelles. “We have a solid operation, close to our customers and dealers, and we will remain focused on delivering financial solutions that support sustainable business growth across the region.”
Meirelles has been with VFS for more than 17 years, holding strategic positions in Brazil and Europe. Prior to his new appointment, he served as vice president of finance for Europe, based in Gothenburg, Sweden. Throughout his career with the organization, he has also served as vice president of finance, credit & risk for VFS’ north and central region within Europe, vice president of finance for the Europe, Middle East and Africa region, president of VFS Brazil, and chief financial officer for Latin America. In addition, Ruy has held financial leadership positions in other international markets, including Mexico and the United States.
With solid international experience and more than two decades in the financial sector, Meirelles earned a degree in economics from the State University of Campinas (Unicamp), an MBA in finance from FGV EAESP, and an International MBA from FIA Business School. In addition, he has completed executive leadership programs at the International Institute for Management Development (IMD) in Lausanne, Switzerland.
Meirelles succeeds Silvia Gerber, who will assume the position of president of Volvo Group Latin America on August 1. Meirelles’ appointment as president of Banco Volvo in Brazil is subject to approval by the Central Bank of Brazil.
Volvo Financial Services is the captive finance arm of the Volvo Group, providing financial services and solutions that meet the needs of our customers today and into the future. Dedicated to innovation, VFS is supporting society in its adoption of sustainable transport and equipment solutions. VFS is headquartered in Gothenburg, Sweden, and serves Volvo Group customers and dealers in about 40 markets. For more information, please visit www.volvofinancialservices.com or follow us on LinkedIn.
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in almost 180 markets. In 2025, net sales amounted to SEK 479 billion (EUR 43 billion). Volvo shares are listed on Nasdaq Stockholm.
