Volvo Financial Services (VFS) announced that Tabitha Brace has been appointed senior vice president of finance and chief financial officer. Based in Gothenburg, Sweden, Brace will have full responsibility for the finance function, providing strategic leadership and management for accounting, capital markets & funding, and financial & business control within the organization. 

“Tabitha’s career at VFS has been defined by exceptional financial acumen, sound business judgement and outstanding leadership, and this experience has prepared her well for this new role,” said VFS President Marcio Pedroso. “Tabitha brings a unique perspective to the CFO role, having also worked in commercial roles at the market, regional, and global levels. I look forward to her continued leadership and contributions to our success.”

Brace began her career at VFS in 2003 in accounting and was soon promoted to a business controller position. She then served in a number of finance director positions before becoming managing director for VFS UK & Ireland, overseeing the entire market organization. 

In 2021, Brace was appointed senior vice president for VFS Europe South & West, overseeing all business aspects in a region comprised of six significant markets. Over the next several years, her responsibility grew to include four additional markets from VFS’ international region. Most recently, Brace served as senior vice president for the VFS Europe North & Central region.

Brace studied at Reed Business School and earned the prestigious Chartered Global Management Accountant (CGMA) credential from the Chartered Institute of Management Accountants (CIMA), a professional qualification equivalent to a master’s degree in accounting.