Zhejiang Geely Holding Group has elevated its CFO Daniel Li to CEO, a new role created by the largest private Chinese automaker in its management structure.
The appointment became effective in November, according to information Geely posted on its website.
Li, 50, joined Geely in 2011 as vice president and CFO.
Prior to the new appointment, he was also executive director and vice chairman of Geely Automobile Holdings, Geely’s Hong Kong-listed subsidiary that builds and markets passenger vehicles under the Geely and Lynk & CO brands.
Li made significant contributions to Geely’s integration of Volvo Cars after Geely acquired the Swedish automaker in 2010, according to Geely’s website.
He has also played a key role in Geely’s acquisitions of LEVC -- a UK company that builds the iconic London Taxi, UK sports car brand Lotus, Malaysian car brand Proton and Danish bank Saxo in recent years, the website said.