Jaguar Land Rover has appointed David Betteley as its new director of financial services.

Betteley takes up the position and 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, Betteley, who is the current chairman of the Finance and Leasing Association in the UK, will direct Jaguar and Land Rover financial service activities worldwide.

He will report to Mike Wright, director of customer services at Jaguar Land Rover.

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.