New on the board

Mike Todd, business development director is welcomed to the board of management by Graham Wheeler, MD of Volkswagen Financial Services
Mike Todd, business development director is welcomed to the board of management by Graham Wheeler, MD of Volkswagen Financial Services

MIKE Todd has been welcomed to the board at one of Milton Keynes’ biggest employers.

Mr Todd has taken over as business development director at Volkswagen Financial Services (VWFS).

His predecessor, David Maloney has become MD Volkswagen Financial Services in Australia.

VWFS (UK), in Blakelands, is the captive finance company for the Volkswagen Group in the UK supporting Audi, Volkswagen, SEAT, ŠKODA, Volkswagen Commercial Vehicles, Porsche, Lamborghini and Bentley. Some 450 people are employed in MK.

Since joining VWFS from Lombard Group in 2000, Mr Todd has undertaken a number of tasks. His most recent appointment at VWFS was as head of sales where he restructured the department.