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Provident Financial Group

Provident Financial plc CFO Simon Thomas to step down

Provident Financial plc (LON: PFG) have today announced that Simon Thomas, Chief Financial Officer, has notified the Board of his intention to step down from the Board following the 2019 preliminary results announcement in March 2020 for personal health reasons, as previously announced in RNS 7579U on 2nd April 2019. Whilst we are saddened by Simon’s decision to depart, we respect it, and would like to thank him for his significant contribution to the Group.

We look forward to continuing to work together over the next eight months during which time the Board will also be undertaking a process to identify a successor.

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 2.4 million customers and its operations consist of Vanquis Bank, Moneybarn, and the Consumer Credit Division (CCD) comprising Provident home credit and Satsuma.