GMAC UK, the British subsidiary of GM Financial has appointed Mark Tweed as the new managing director UK and Sweden.

Tweed, previously chief financial officer at GMAC UK, will have the responsibility for the retail and wholesale business in the UK and Sweden and report to Erhard (Ed) Paulat, executive vice president for GM Financial in the UK, Sweden, Germany, Austria and Switzerland.

Tweed is a chartered accountant and fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). He joined GM Financial in August 2007 as financial controller. In 2008, he was named chief financial officer, expanding his responsibilities initially to Sweden and then to Germany, Austria and Switzerland in 2013. Before joining the company he held positions in private practice and financial service companies, including PwC and Lloyds Bank.

Denise Buckley, currently director of IO Financial Systems at GM Financial in the US, will succeed Tweed as chief financial officer for the UK and Sweden, assuming the responsibilities for finance and accounting in both countries.

Paulat said: "A stronger management is a logical next step aligned with our mission to help GM/Vauxhall and our other business partners in the UK sell more cars. Strengthening the business in significant areas and growing our brand in this important market will also provide an even stronger customer focus and will make us easier to do business with — both for dealers and retail customers."