A senior General Motors executive is set to head the board of Russian car company GAZ, it has been reported.
Bo Andersson, group vice-president of global purchasing, was responsible for managing a flow of parts to GM plants through the company’s financial difficulties. His departure from the company was announced on Friday.
GAZ said in a statement, “The ex-vice president of GM, Bo Andersson, has expressed his agreement to take the post of the chairman of the board of directors of GAZ.”
GAZ is involved in a joint venture with Magna and Russia's largest lender Sberbank to buy German manufacturer Opel. It is hoped the deal will bring Opel’s expertise to the Russia’s ailing car industry.
The board of directors is expected to be elected at GAZ's annual general meeting on 29 June.