Toyota Financial Services (UK) has announced the appointment of Doug Gillies as their new Managing Director with effect from the 1st November 2009. Mr Gillies replaces David Betteley who retired in October.

Mr Gillies worked in banking, early in his career, with Lloyds Bowmaker and also worked in the Lloyds Bowmaker/Toyota Finance joint venture before joining the new formed Toyota Financial Services (UK) PLC in 1998, where recently he was Operations Director.

Ichiro Kiyoshima, CEO and President TFS Europe and Africa Region said,”Under the leadership of Doug, I am confident TFSUK will continue to grow and will overcome the current difficult trading conditions facing our industry”.