Graham Wheeler has been appointed joint managing director of Volkswagen Financial Services (VWFS) UK with immediate effect.

Wheeler replaces Geoffrey Banks, who has taken over the position of regional manager for VWFS Asia-Pacific.

Wheeler will work alongside VWFS’s other joint managing director, Bryan Marcus, who has been in his current position since April 2001.

Having joined the company in March 1995, Wheeler takes on the new role after previous positions within the organisation as the general manager of Fleet Market Centre and, more recently, as the sales and marketing director of Europcar Fleet Services in Germany.