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Press Release

4 January 2024

Arne Puls becomes Chief Representative of Volkswagen Financial Services AG, Dr. Alexandra Baum-Ceisig moves to the Board of Management of Volkswagen Group Services GmbH

Braunschweig, 23.2.2024. Personnel changes have been announced at Volkswagen Financial Services AG: Arne Puls (53) will take over responsibility for the Human Resources and Organization department as Chief Representative of Volkswagen Financial Services AG on 1 April 2024. At a later date, subject to the approval of the supervisory authorities, an appointment as Chief Human Resources Officer on the Board of Management is planned. Arne Puls succeeds Dr. Alexandra Baum-Ceisig (56), who is joining the Board of Management of Volkswagen Group Services GmbH. Puls is currently Chief Human Resources Officer on the Executive Board of MAN Truck & Bus SE, where he also serves as Labor Director. 

"We sincerely thank Alexandra Baum-Ceisig for her dedication and commitment, especially during the difficult years of the coronavirus pandemic and the personnel-related challenges it posed. At the same time, we are very pleased to have gained an experienced HR manager in Arne Puls, who will play an important role in the transformation taking place at Volkswagen Financial Services," said Arno Antlitz, CFO and COO Volkswagen Group and Chairman of the Supervisory Board of Volkswagen Financial Services AG.

Dr. Christian Dahlheim, Chairman of the Management Board of Volkswagen Financial AG, added: "The rapid transformation into a data-driven mobility services provider is of crucial importance to us. In this context, our employees are our most valuable asset. I would like to thank Alexandra Baum-Ceisig for her great personal contribution – not only in her internal HR work, but also for her involvement in important institutions in the city and region. With Arne Puls, we have gained a top manager who can inspire people and ignite the curiosity and courage for change, even in challenging situations. He has been able to prove this in various functions and especially most recently in the successfully completed restructuring of MAN Truck & Bus SE."

After studying information technology in Osnabrück, Arne Puls began his career in 1998 as an IT specialist in development control and production planning at Volkswagen AG in Wolfsburg. In 2001, he moved to Human Resources, where he held various management positions. In his most recent role there as Head of Group HR Management, Arne Puls was responsible for performance and talent management, management compensation and principles, and the field Global Assignments. In January 2022, he joined the Executive Board of MAN Truck & Bus SE, where he has since been head of the HR department as well as Labor Director. 

After receiving her doctorate from the University of Osnabrück in 2002, Dr. Alexandra Baum-Ceisig joined Volkswagen AG in 2006 and worked as a specialist assistant and general secretary for the General and Group Works Council for eight years. In 2015, she headed the Institute for Work and HR Management (IFAP) at Volkswagen AG for one year. From 2016 to 2018, Baum-Ceisig served as authorized signatory for the temporary personnel agency AutoVision Zeitarbeit. Between 2018 and 2020, she was Head of Human Resources at Volkswagen AG in Wolfsburg, initially responsible for the Braunschweig plant and later for the non-production areas. In 2020, Baum-Ceisig then moved to Volkswagen Financial Services AG in Braunschweig and took over as Head of Human Resources and Organization on the Board of Management.

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Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of TRATON Financial Services and of Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, bank and insurance activities, fleet management and mobility services. Volkswagen Financial Services have a total of 17,713 employees worldwide – including 7,692 alone in Germany. Volkswagen Financial Services report total assets of around EUR 240 billion, an operating profit of EUR 5.60 billion, and a portfolio of around 22.0 million current contracts (as at: 31.12.2022)

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