Renault-Nissan boss Carlos Ghosn has been appointed as the president of the European Automobile Manufacturers' Association (ACEA).

Ghosn takes on the position in addition to his responsibilities at Renault-Nissan and takes over from Philippe Varin, former chairman of PSA Peugeot Citroen. Ghosn was previously president of ACEA in 2009.

Erik Jonnaert, ACEA secretary general, said:"Ghosn will lead ACEA through an important period of political transition in Europe.

“Under his presidency, ACEA will continue to focus on its key policy recommendations, which are to drive innovation, to foster growth through international trade and to call for a supportive regulatory framework. On behalf of ACEA’s board, we wish to thank Varin for his strong leadership of the association over the past months.”

The ACEA is the main lobbying and standards group for the automobile industry in Europe.

Its members include: Toyota, BMW, Volkswagen Group, Volvo, Ford, DAF, Renault, Fiat Group, Scania AB, Porsche, Mercedes, PSA Peugeot Citroen, Hyundai and MAN.

Chairman of Renault since May 2005, Ghosn remains chairman and CEO of Nissan. He was appointed chairman and CEO of Renault on May 6, 2009. Carlos Ghosn is also a director of AvtoVAZ and a member of the board of directors of Brazilian bank Itau Banco.

The video interview below with Ghosn explains his views on business and what it takes to be a great leader