Volkswagen Financial Services’ head of sales
Mike Todd is to be appointed as business development director at
the company starting on 1 October. Todd will also join the Board of
Management.

The appointment follows the departure of the
previous business development director, David Maloney, who has
become managing director of Volkswagen Financial Services in
Australia.

Graham Wheeler, managing director of
Volkswagen Financial Services, said: “The business development role
is a challenging position within the business, ensuring VWFS
remains at the forefront of innovation within our industry.

“Mike’s understanding of both our business and
the industry as a whole made him the stand out candidate for this
appointment. His industry knowledge and strategic planning will be
vital as VWFS aims to become the top automotive finance company in
the UK.”

Prior to joining VWFS in 2000 Todd spent 10
years with the Lombard Group, becoming regional manager for the
motor division in the south west.

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