Jim Duensing was appointed Executive Vice President and Chief Financial Officer of Caterpillar Financial Services Corporation on April 1, 2007. He has global finance administrative responsibility for the Financial Products Division, including Caterpillar Financial Services Corporation and Caterpillar Insurance Services Corporation. Primary functional areas of responsibility include Accounting, Treasury, Tax, Risk Management, Capital Markets/Syndications, and Business Excellence (Strategic Planning and Process Improvement/6 Sigma). Jim also heads the Superior Results Council, whose objective is to create and implement strategies to deliver profit, ROE and managed asset targets.
Jim most recently served as Treasurer of Caterpillar Financial Services Corporation with responsibility for global funding, FX and interest rate risk management and cash management activities for the company. Since joining Caterpillar Inc. in 1981, he has held a variety of positions including Corporate Funding Manager at Caterpillar Inc. in Peoria, Illinois, Caterpillar Financial Northern Europe Region Managing Director in London, Caterpillar Financial Marketing Manager in Nashville, and Western Region Sales Manager in Phoenix.
Jim graduated from Kansas State University with a Bachelor of Science degree in Business Administration/Finance. He also holds a Master of Business Administration degree from Bradley University. Jim serves as the Board Chair for The Tennessee Center for Performance Excellence, Board and Executive Committee of Junior Achievement of Middle Tennessee, Treasurer and Finance Chair of the United Way of Metropolitan Nashville, and also serves on The Board of Trustees of the Martha O’Bryan Foundation and the Finance Department Advisory Council of the University of Tennessee.