Provident Financial PLC Non-Executive Director Appointment (0319U)
27 Julio 2020 - 01:00AM
UK Regulatory
TIDMPFG
RNS Number : 0319U
Provident Financial PLC
27 July 2020
27 July 2020
Provident Financial plc
Non-Executive Director Appointment
The Board of Provident Financial plc is pleased to announce the
appointment of Margot James as an Independent Non-Executive
Director of the Company with effect from 27 July 2020. On her
appointment, Margot will become a member of the Nomination,
Remuneration and Customer, Culture and Ethics Committees.
Patrick Snowball, Chairman of Provident Financial plc said:
"I am delighted to welcome Margot to the Board and look forward
to working with her. Her appointment brings a great balance of
skills and experience to the Board, with her wide ranging career as
a commercial and entrepreneurial business owner and her work in the
UK Government. Margot's experience of working in consumer policy,
citizens advice and advising on labour markets will enable her to
understand and promote the interests of our customers and wider
stakeholders, as we seek to deliver our purpose of helping put
people on the path to a better everyday life."
Margot served as a Member of Parliament between 2010 and 2019
and has held a number of ministerial offices, latterly as Minister
of State for the Department of Digital, Culture, Media & Sport
where she championed the interests of both industry and consumers
in the digital world. In her role as Parliamentary Under Secretary
of State at the Department for Business, Energy & Industrial
Strategy, Margot had responsibility for small businesses, consumers
and corporate governance, including labour markets and the retail
sector.
Prior to serving as an MP, Margot founded Shire Health Group in
1985, which provided public relations and medical education
services to pharmaceutical companies, and led its growth to over
100 staff. She led the successful transitioning of Shire Health
Group to the multinational WPP in 2000 and subsequently joined the
Board of Ogilvy & Mather, one of WPP's larger advertising-led
networks, between 2003 and 2006. Margot has also served as a
Non-Executive Director of Parkside NHS Trust.
Margot is executive chair of the WMG, a department of the
University of Warwick which seeks to drive innovation in applied
science, technology and engineering through successful
collaboration between academia and the public and private sectors.
She also serves as a Member of the Court of Governors of London
School of Economics.
Margot James said:
"I am very excited to be joining Provident Financial plc as
Non-Executive Director. The company has a strong social purpose and
I look forward to working with the Board as we continue to make
progress on the Group's strategy, delivering for our customers and
our shareholders."
The following information is disclosed in accordance with LR
9.6.13:
In accordance with the Listing Rules, there are no matters
requiring disclosure under 9.6.13R of the Listing Rules of the
Financial Conduct Authority in relation to the appointment of
Margot James.
Enquiries:
Media
Richard King, Provident Financial 07919 866876
Nick Cosgrove/Charlie Pretzlik,
Brunswick 020 7404 5959
Investor Relations
Owen Jones, Provident Financial 07341 007842
investors@providentfinancial.com
Notes to editors:
Provident Financial plc is a leading provider of credit products
which provide financial inclusion for those consumers who are not
well served by mainstream lenders. The group serves 2.3 million
customers and its operations consist of Vanquis Bank, Moneybarn,
and the Consumer Credit Division (CCD) comprising Provident home
credit and Satsuma.
This information is provided by RNS, the news service of the
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END
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