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February 08, 2016 9:38 AM ET

Consumer Finance

Company Overview of Volkswagen Financial Services AG

Company Overview

Volkswagen Financial Services AG provides various automobile financial services for private/corporate and fleet, and direct banking customers in Germany, Europe, Latin America, the Asia Pacific, and other countries. It also leases vehicle fleets to private and corporate customers; and insurance brokerage and direct banking services. The company is headquartered in Braunschweig, Germany.Volkswagen Financial Services AG operates as a subsidiary of Volkswagen AG.

Gifhorner Strasse 57

Braunschweig,  38112

Germany

11,611 Employees

Phone:

49 531 212 0

Key Executives for Volkswagen Financial Services AG

Chairman of the Board of Management
Age: 46
Head of Asset Backed Securitisation
Head of Strategic Trends & Innovation
Head of Capital Markets & Rating
Head of Asset-Liability Management & Treasury Mid-Office
Compensation as of Fiscal Year 2015.

Volkswagen Financial Services AG Key Developments

Volkswagen Financial Services AG Appoints Christian Dahlheim to the Board of Management with Responsibility for Sales and Marketing, Effective January 1, 2016

Volkswagen Financial Services AG has appointed Christian Dahlheim to the board of management with responsibility for sales and marketing, effective January 1, 2016. In this function Dahlheim succeeds Lars Henner Santelmann (52), who took over from Frank Witter (56) as Chairman of the Board of Management of Volkswagen Financial Services AG on 16 October 2015. Dr. Christian Dahlheim joined Volkswagen Financial Services AG in 2005 and held various management positions, including Head of Corporate Development and Regional Manager. In 2012 Dahlheim moved to Volkswagen Credit Inc. to serve as Executive Vice-President and CFO. In 2014 he was appointed President and CEO.

Volkswagen Financial Services Appoints Lars-Henner Santelmann as CEO

Lars-Henner Santelmann will become Volkswagen Financial Services AG's CEO with immediate effect. Santelmann, who joined VW in 1988, has been a management board member at Volkswagen Financial Services AG since 2008. He succeeds Frank Witter, who became CFO of Volkswagen AG.

Volkswagen Financial Services AG Announces Board Changes

Volkswagen Financial Services AG appointed Lars-Henner Santelmann as Chairman of the Board of Management with immediate effect. In this function Santelmann succeeds Frank Witter has been appointed Member of the Board of Management of Volkswagen Aktiengesellschaft with responsibility for Finance. Santelmann was subsequently appointed as Vice President of SEAT, before becoming General Manager of the company and Volkswagen Bank GmbH in November 2005.

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