Cameron Wade has been appointed as managing director of the motor division at Peter Vardy, the Scotland-based AM100 dealer group.

In this newly-created role, Wade will help support the continued expansion of Peter Vardy.

He said: “This is a newly created role to aid expansion and allow our chief executive Peter Vardy to dedicate more time to strategic growth both in the motor trade sector and also into new business opportunities.”

During two years as commercial director at Peter Vardy, Wade’s primary role has been to support the development of the Vauxhall division and key head office functions to deliver record profit growth during this period.

 A chartered accountant trained by Ernst & Young, Wade joined the motor trade and worked initially at Reg Vardy, headed by Sir Peter Vardy senior, running its Mercedes businesses, before moving to Park’s Motor Group’s BMW/Mini businesses.

His return to Peter Vardy followed an earlier role with the business running its Edinburgh BMW/Mini business in 2007, during which he won the AM Rising Star Award for General Management.

Peter Vardy, chief executive said: “I have known Cameron since he joined me at Reg Vardy and more recently to open my first BMW/Mini business following the acquisition of Dunedin in 2007.

“Since he joined us again in 2014 he has done an outstanding job as commercial director and I believe he will help take our business on to secure yet bigger and better achievements in the coming months and years.”