José Ojeda Ríos assumes management of PACCAR Financial Mexico

MEXICO - Effective February 1 of this year, José Ojeda Ríos will assume the general management of PACCAR Financial Mexico, following the retirement announcement of Sergio Arceo Borboa, who has led the finance company since 2007.

Arceo Borboa, who has been with PACCAR for 36 years, held several key positions in areas such as comptroller, operations and credit before assuming the general management position.

The company expressed its appreciation to Sergio Arceo Borboa for his leadership and contributions to the success of the organization.

“PACCAR Mexico expresses its appreciation to Sergio Arceo for his leadership and numerous contributions to the success of PACCAR Financial Mexico. At the same time, we extend our most sincere congratulations to Jose Ojeda on his new assignment,” said the company.

José Ojeda, who joined PACCAR Mexico in 2001, has held the position of Credit Director and has extensive experience in the financial sector. He is a graduate of Centro de Enseñanza Técnica y Superior (CETYS Universidad) and holds a Master's degree in Finance from the same institution.

Ojeda's appointment represents a new chapter in the history of PACCAR Financial Mexico, with expectations to continue strengthening its position in the financial market. The departure of Sergio Arceo Borboa, scheduled for February 2025, marks the end of a period characterized by his outstanding leadership and dedication to the growth of the finance company.