Longtime world auto govt Bo Andersson, who as soon as led Basic Motors’ large world buying operations, has been appointed CEO of UzAuto Motors and UzAuto Motors Powertrain.

These two entities are the largest manufacturing subsidiaries of UzAvtoSanoat, an auto firm owned by Uzbekistan’s authorities that produces Chevrolet automobiles beneath a technical license settlement with GM.

Andersson’s management expertise at a number of producers and suppliers will probably be optimum as the 2 subsidiaries take care of the continued world semiconductor scarcity and different crises, UzAuto Motors mentioned in a press launch.

Andersson, 65, most not too long ago based Ivanhoe IV, a Michigan-based world funding agency.

He additionally beforehand held a prime govt position at Yazaki Corp., a number one world provider of wire harnesses. He was CEO of the Japanese firm’s North America division and president of each its North America and Europe arms from 2017 to early 2021. In March, he stepped all the way down to a senior govt advisory position.

Earlier than he joined Yazaki, Andersson was CEO of Russian automaker AvtoVAZ from 2013 to 2016.

He was ousted as CEO in 2016 — when Russia’s auto business was affected by financial recession — and blamed for almost $1 billion in losses.

Earlier than his time in Russia, Andersson was in all probability greatest identified for his tenure at GM, highlighted by his position as head of world buying from 2001 to 2009. He presided over sweeping modifications to GM’s world procurement and provide chain capabilities — and his aggressive negotiations with suppliers saved the corporate billions in outlays because it confronted eventual chapter.

He left in the course of the automaker’s large reorganization in the course of the Nice Recession.

The Swedish entrepreneur holds a bachelor’s diploma from Stockholm College and accomplished Harvard Enterprise College’s Superior Administration Program. He’s additionally a graduate of Sweden’s Navy Academy.

Andersson made his first foray into the auto business in 1987, when he grew to become a buying supervisor at Sweden’s now defunct Saab Car.