Vanquis Banking Group (formerly: Provident Financial Plc)

Board/Management Information • Apr 2, 2019

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RNS Number : 7597U

Provident Financial PLC

02 April 2019

2 April 2019

Provident Financial plc announces senior management update

Provident Financial plc announces that Simon Thomas, Chief Financial Officer is to take up to three months leave, starting on 5 April 2019. During this period he will have a heart operation, and is expected to return to work full time no later than June 2019.

In his absence Tony Skrzypecki, a senior advisor and former partner at PricewaterhouseCoopers (PwC), will become interim Chief Financial Officer at Provident Financial plc, but will not be a member of the Board. Tony starts his role on Tuesday 2 April, and will report to Malcolm Le May, Chief Executive Officer.

Tony Skrzypecki was a partner at PwC for over 25 years, where he specialised in corporate mergers & acquisitions, particularly for public companies facing unsolicited approaches or activist activity. His clients included many FTSE100 companies covering all major sectors including financial services as well as overseas groups, sovereign wealth funds and private equity.

Enquiries:
Media
Richard King/Jade Byrne, Provident Financial	01274351900/0203 620 3073
Nick Cosgrove/Charlie Pretzlik, Brunswick	020 7404 5959
Investor Relations
Gary Thompson/Vicki Turner, Provident Financial	01274 351900
investors@providentfinancial.com

Notes to Editors

1 .            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, the Consumer Credit Division (CCD) comprising Provident home credit and Satsuma, and Moneybarn.

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