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New Jaguar and Land Rover global financial services director

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Khatir Soltani
As reported by Jaguar

Premium vehicle manufacturer JaguarLand Rover is reinforcing its commitment to deliver an outstanding customer experience with the appointment of David Betteley as Director, Financial Services.

David, who takes up the position today (18th January), joins Jaguar Land Rover from Toyota, where he held the position of Vice President with responsibility for financial services in the UK, Europe and Africa. In his new role, David, who is the current Chairman of the Finance and Leasing Association in the UK, will direct Jaguar and Land Rover financial service activities worldwide.

"I am delighted to be joining Jaguar Land Rover at this time," commented David Betteley. "Offering optimum financial services opportunities has never been more important, particularly in the premium vehicle segments and I am looking forward to delivering new levels of excellence for Jaguar and Land Rover customers."

David will report to Mike Wright, Director of Customer Services at Jaguar Land Rover, who commented:

"The Financial Services product portfolio we offer to dealers and customers for the Jaguar and Land Rover brands across the world is a vital element in us taking leadership in delivering an outstanding customer experience.

"Having someone of David's expertise and knowledge joining Jaguar Land Rover is a reflection of our determination to provide the highest standards in every area of our business."

Jaguar Land Rover is in partnership with a number of financial services providers worldwide, including Fiat Credit Agricole in Europe, Chase Manhattan in the United States and Wesbank in South Africa. These arrangements replace the Ford Credit partnership that previously existed when Jaguar Land Rover was under Ford ownership.

Editor's note:

David Betteley started his career in Financial Services as a graduate trainee with Lloyds and Scottish Finance (part of the Lloyds Bank Group) in Manchester in the late 70s.

After working his way up the ladder through various management positions he left Lloyds Bowmaker (as it was then called) in 1989 and joined the International Motors Group (IM) to set up their in-house Finance Company in the UK to support the Hyundai and Subaru brands.

Staying with IM, he moved to Sweden in 1992 to run the vehicle distribution operations for IM in Scandinavia. This gave him valuable insight into the automotive business from a completely different perspective; and also life in a foreign country. These two experiences he feels have been valuable assets in his subsequent career choices.

After almost five years in Sweden, he moved back to the UK to become MD of Vauxhall Finance (GMAC) and immediately set about managing the major transition from seven branches to one central location.

In 1998 he was recruited by Toyota to set up their own Finance operations in the UK which was completed most successfully; on time and on budget. His career at Toyota Financial Services (TFS) in due course took him away from day to day management of the UK business to a regional role where latterly (as senior vice president) he had responsibility for overall operations, sales and marketing and the development of new markets for both Toyota and Lexus in the Europe and Africa region.

His main non-executive role has been as Chairman of the Finance and Leasing Association in the UK during the period May 2007 to May 2010.

David holds an MBA from Aston Business School.

Outside work his time is mainly devoted to his family. However he enjoys the occasional game of golf and still follows closely the fortunes of Manchester City.

photo:Jaguar
Khatir Soltani
Khatir Soltani
Automotive expert
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