The commercial vehicle manufacturer has appointed Martin Witt to head its investment subsidiary after more than 14 years at Accenture Strategy.

Martin Witt has departed from management consulting firm Accenture’s strategic consulting arm, Accenture Strategy, to head Sweden-based commercial vehicle manufacturer Volvo’s corporate venturing unit, Volvo Group Venture Capital (VGVC).

Accenture hired Witt in 2006 as a senior manager before promoting him to director a decade later. He ascended to management director in 2018 to head Accenture Strategy, focusing on automotive strategy in the Nordics region.

Witt’s vice-president role at VGVC will entail leading investments in innovative developers of technology and…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.