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Vanquis Banking Group (formerly: Provident Financial Plc)

Board/Management Information Jan 26, 2018

6286_rns_2018-01-26_0b2a4a26-145c-4971-b929-4b16546a69aa.html

Board/Management Information

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RNS Number : 0970D

Provident Financial PLC

26 January 2018

Provident Financial plc ("the Company")

26 January 2018

Board changes

Provident Financial plc announces that David Sear, FinTech veteran and former founder of WorldPay has decided to step down from the Board as from today's date. Having joined the Board a year ago to assist with the development of the group's strategy in this arena and broader IT direction, the group now finds itself in very different circumstances and with different strategic priorities. David has also decided to take on an Executive Chairman role at cross-border payments innovator Entropay.

Malcolm Le May, Executive Chairman said 'We are sad that David has decided to step down but completely understand his decision. We would like to thank him for his contribution to the group in a difficult year and in particular for his contribution to its IT strategy where he has helped the group to significantly modernise its approach'.

Enquiries:

Media

Jade Byrne, Provident Financial 01274 351900

Nick Cosgrove/Simone Selzer, Brunswick 0207 4045959

[email protected] 

Investor Relations

Gary Thompson/Vicki Turner, Provident Financial 01274 351900

[email protected]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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