Rolls-Royce has announced Timo Poser has been appointed as director of Finance, effective 1 February, 2020.

Poser spent almost 20 years with the BMW Group.

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He has served in a number of roles around the world, including: CFO, BMW China Trading Ltd., Beijing; Vice President Controlling and Risk Management, BMW-Brilliance Automotive Ltd., Beijing/Shenyang; CFO, Husqvarna Motorcycles, Varese, Italy; and Head of Controlling, BMW Japan, Tokyo.

He is currently VP Governance, Administration, Financial Services – Organisational Development, Process Management – for BMW Group in Munich.

Poser will be based at the company’s head office and manufacturing plant in Goodwood, UK.

“His exceptional experience, with almost 20 years at a senior level in a number of international roles, will be invaluable to the global Rolls-Royce family,” said Rolls-Royce CEO, Torsten Müller-Ötvös.

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Poser replaces Juergen Brzank, who will leave Rolls-Royce to take up the role of Price & Volume Planning and Sales Steering, for the BMW Group worldwide, based in Munich.