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VW Credit’s Stuart Named Chair of AFSA Vehicle Finance Division
WASHINGTON, February 6, 2012…Andrew Stuart, President & CEO, Volkswagen Credit, Inc., was installed as chair of the American Financial Services Association’s (AFSA) Vehicle Finance Division Advisory Board at the conclusion of the association’s 16th annual Vehicle Finance Conference & Exposition in Las Vegas.
In this role, Stuart will oversee the division’s initiatives and serve on the conference’s planning committee as its chair. More than 600 individuals belong to the division, which provides a forum for analyzing regulatory, legislative and market trends that impact the industry.
Stuart started his career at Volkswagen Group Canada in 1991 and transferred to Volkswagen Group of America in 1995. He has held various management positions with Volkswagen in Sales, Marketing, Product Planning and Financial Services. Stuart also led Bentley Motors Inc. as CEO from 2004 to 2007. Most recently, he held the position of Executive Vice-President and Chief Financial Officer at VW Credit.
Stuart is a member of the AFSA Board of Directors and also serves on the Junior Achievement of the National Capital Area Board of Directors. He received a Bachelor of Commerce in Marketing from Saint Mary’s University and received his MBA from the University of Oregon.
Members of AFSA’s Vehicle Finance Division include captive vehicle finance companies; diversified financial services companies providing financing and leasing to all makes and models; finance companies specializing in prime, near-prime, and subprime auto finance; and suppliers to the industry. Through the division, member companies exchange information and find solutions to common problems, stay abreast of important developments and take coordinated action when necessary.
VW Credit, Inc. (VCI), a wholly owned subsidiary of Volkswagen Group of America, Inc. (VWGoA), was founded in 1981 to function as the financial service arm of VWGoA and is affiliated with Audi of America, Inc. and Bentley Motors, Inc. VCI, a captive finance company, services Volkswagen, Audi and Bentley customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit, Audi Financial Services and Bentley Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States.
Based in Washington, D.C., AFSA (www.afsaonline.org) is the national trade association for the consumer credit industry, protecting access to credit and consumer choice. Its 350 members include consumer and commercial finance companies, auto finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers.
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VW Credit's Stuart Named Chair of AFSA Vehicle Finance Division