Volvo Financial Services Enhances Global Financial Education Initiatives with JA Worldwide

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May 28, 2024

Volvo Financial Services (VFS) is proud to announce the renewal of its partnership with JA Worldwide, extending their collaboration through 2025 to further enhance financial literacy among youths globally. This extension introduces new educational programs in Sweden and Romania, adding to the existing efforts across various countries including Brazil, France, India, and the United States.

Volvo Financial Services (VFS) today announced a continuation of its partnership with JA (Junior Achievement) Worldwide through 2025, bringing financial literacy skills and knowledge to even more youth around the world.

Marcio Pedroso, President of VFS, stated the vital role of financial literacy in providing young individuals with the skills necessary for a successful and sustainable future. He expressed enthusiasm about continuing the partnership with JA Worldwide, which aims to create equitable opportunities through education.

This collaboration utilizes the strengths of VFS staff and JA educators to provide interactive financial literacy training to young learners. The initiative exposes students to foundational financial concepts and potential careers in finance, with VFS employees volunteering as mentors. Since its inception, the program has successfully reached over 14,000 young people worldwide with the help of 140 dedicated volunteers.

Asheesh Advani, CEO of JA Worldwide, praised the impact of mentorship provided by VFS volunteers, highlighting its importance in empowering young people to navigate their financial futures confidently. The continuation of this partnership is set to inspire even more young minds by providing them with valuable life skills.

This ongoing initiative supports the Volvo Group’s dedication to the UN’s Sustainable Development Goals (SDGs), emphasizing the importance of financial literacy in promoting inclusive and sustainable economic growth.

JA Worldwide continues to make significant strides in education, impacting millions of students across the globe with programs that cultivate entrepreneurship, job readiness, and financial understanding. Their efforts are instrumental in preparing the next generation of leaders and problem solvers.

VFS remains committed to its role in advancing sustainable transportation and technologies, aligning with the Volvo Group’s mission to foster prosperity through innovative transport solutions. Headquartered in Gothenburg, Sweden, VFS provides customized financial services to enhance the operational success and sustainability of Volvo Group customers worldwide. Visit their website or LinkedIn page for further information on their services.

The Volvo Group is at the forefront of developing sustainable transport and infrastructure solutions, with a strong presence in nearly 190 countries and employing over 100,000 people globally. In 2023, the group achieved substantial revenue, reinforcing its commitment to enhancing global transportation and infrastructure for a sustainable future.

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