INVO Invocas

RNS Number:4968T
Invocas Group plc
01 May 2008

                               INVOCAS GROUP PLC

                   ("Invocas", the "Company" or the "Group")

                        APPOINTMENT OF CHIEF EXECUTIVE &

            STRENGTHENING OF THE SALES AND MARKETING MANAGEMENT TEAM


Invocas, one of the UK's leading providers of personal and corporate debt
solutions, today announces the appointment of Stephen Lightley as Group Chief
Executive Officer ("CEO") with immediate effect together with the strengthening
of the Company's sales and marketing senior management team.

Stephen has been Group Finance Director since admission to AIM in March 2006 and
was a founding partner in the predecessor firm established in 1998. Stephen has
played a significant role in building Invocas into the market leading business
that it is today and he will be responsible for the future development and
implementation of the Group's business strategy.


The search for a new Finance Director is underway and a further announcement in
this regard will be made in due course. In the meantime, Stephen will continue
to oversee the finance function, supported by the Group Financial Controller.



The Sales and Marketing management team has been recently strengthened by two
key senior appointments with significant experience in the sale and marketing of
financial services products throughout the UK. Brian Ferguson, appointed as
Director of Sales, was formerly National Sales Manager and Head of Distribution
Strategy with Standard Life Bank. Bob Ollason, appointed as Corporate Account
Director, has worked at a senior level with a number of blue chip lenders and,
until recently, was Vice Chairman of the Council of Mortgage lenders in
Scotland.



Ian Wright, the Group Managing Director, will oversee the Group's Sales and
Marketing operations.


Invocas will be announcing its preliminary results for the year ended 
31 March 2008 on Wednesday 25 June 2008.


Howard Bell, Chairman of Invocas, commented:

"We are delighted that Stephen Lightley is taking on the role of Chief Executive
and the Board has full confidence in his ability to lead the Group as CEO.

We are also pleased that we have been able to strengthen our sales team with
appointments of the quality of Brian and Bob. We are in no doubt that the
addition of their experience within the financial services sector together with
the combined expertise, energies and abilities of Stephen and Ian will drive
forward the growth and success of the Group in the future."

Stephen Lightley, CEO of Invocas, said:

"I am delighted to be appointed as CEO and look forward to building on the 
strong platform that has been established."



For further information:


Invocas Group plc                                           Tel: +44(0)131 222 2460

Howard Bell, Chairman

Stephen Lightley, CEO


Gavin Anderson (Financial PR Adviser)                       Tel: +44(0)20 7554 1400

Ken Cronin / Michael Turner / Anthony Hughes                Email: invocas@gavinanderson.co.uk


Charles Stanley Securities (Nominated Adviser)              Tel: +44 (0)20 7149 6000

Philip Davies



Website: www.invocas.com



Notes to editors

Invocas is one of the UK's leading providers of personal and corporate debt
solutions. Its Personal Insolvency Division is firmly established as a leading
provider of Protected Trust Deeds (Scottish equivalent of IVAs). Its Corporate
Services Division enjoys an excellent reputation in the Scottish market place.



Invocas applies stringent minimum case acceptance criteria to Trust Deeds. It
will only accept a case if it is likely to progress smoothly to completion and
result in a successful outcome which balances the interests of both the indebted
individual and their creditors.



The Group's Newtomorrow service aims to provide indebted individuals with the
right advice, first time, every time. This is achieved in a caring and
professional manner by a team of highly experienced debt advisors delivering
front line advice. Further information on Newtomorrow can be found at
www.newtomorrow.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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