David Betteley appointed JLR’s new financial services director

Tata Motors' owned, premium vehicle manufacturer, Jaguar Land Rover has announced the appointment of David Betteley as director, Financial Services. David, who takes up the position on 18th January, 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 have 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.

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.