Business
Appointment of Non-Exec Directors and VBL Chair
Appointment of Non-Exec Directors and VBL Chair.
About this update from Vanquis Banking Group Plc
[{"type":"text","content":"\n \nRNS Number : 8009T Provident Financial PLC 23 March 2019 \n\n \n \n \n \n \n \n \nProvident Financial plc announces the appointment of two Non-Executive Directors and Vanquis Bank Chairman\n \nThe Board of Provident Financial plc is pleased to announce the appointment of Robert East as Non-Executive Director of Provident Financial plc and Chair of Vanquis Bank, subject to regulatory approvals. The Board is also pleased to announce the appointment of Graham Lindsay who will replace John Straw (with effect from 21 May 2019) and whose appointment as Non-Executive Director will be effective from 1st April 2019.\n \nOn his appointment, following regulatory approvals, Robert East will join the Provident Financial plc Board and will Chair the Vanquis Bank board. Robert is chairman of Skipton Building Society, a Non-Executive Director at Hampshire Trust Bank, where he chairs the Risk Committee, and a director of Welcome Financial Services Limited. Robert brings a wealth of experience to the Board and to the Bank as an experienced former CEO, Non-Executive Director and Chairman, following his executive career in Barclays, where he held Senior Risk and Business Leadership roles, and Cattles, where he led its restructuring from 2009 and was its Chief Executive from 2011 until completion of its wind down in 2016.\n \nGraham Lindsay will join the Provident Financial plc Board and on his appointment will also become a member of the Audit, Group Risk, Remuneration and Nominations Committees. Graham is currently a Non-Executive Director on the board of OneFamily, a financial services mutual where he chairs the Remuneration Committee and the Customer, Member and Product Committees. He is also a Vice Chair and Trustee of the Brain Tumour Charity. Graham joined the Wonga UK Boards in 2016 as part of the new leadership team engaged to improve the business and deliver change. Graham brings extensive experience in commercial and retail banking following a 40 year career at Lloyds Bank. \n \nPatrick Snowball, chairman of Provident Financial plc said: \"The appointment of Robert and Graham will bring further consumer finance, retail banking and regulatory experience and expertise to the Board. They each have a deep understanding of the importance of ensuring that our particular market is...