Edition:
India

Provident Financial PLC (PFG.L)

PFG.L on London Stock Exchange

678.40GBp
23 May 2018
Change (% chg)

-0.80 (-0.12%)
Prev Close
679.20
Open
678.20
Day's High
691.00
Day's Low
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Volume
748,093
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1,228,387
52-wk High
2,301.17
52-wk Low
312.14

Summary

Name Age Since Current Position

Malcolm Le May

60 2018 Interim Executive Chairman of the Board, Group Chief Executive Officer

Stuart Sinclair

64 2018 Interim Non-Executive Chairman of the Board

Andrew Fisher

60 2006 Finance Director, Executive Director

Kenneth Mullen

59 2017 General Counsel, Company Secretary, Director

Andrea Blance

53 2018 Senior Independent Director

Robert Anderson

59 2009 Independent Non-Executive Director

John Straw

58 2017 Independent Non-Executive Director

Gary Thompson

Group Financial Controller and Head - Investor Relations

Biographies

Name Description

Malcolm Le May

Mr. Malcolm J. Le May serves as Interim Executive Chairman of the Board, Group Chief Executive Officer of Provident Financial plc. Mr. Malcolm has over 30 years experience in banking, asset management and insurance. His Previous board and management experience: Co-head of banking for Barclays in New York; head of investment banking, Europe at UBS, global head of corporate and investment banking at ING Barings, deputy CEO at Morley Fund Management (now Aviva Investors), president of JER Europe, senior independent director of Pendragon plc and non-executive director of RSA Insurance Group plc. His Current external appointments: Senior independent director of IG Group Holdings plc, non-executive director of Hastings Group Holdings plc, governor of Twyford School, senior advisor to Heidrick & Struggles, trustee of the Grange Festival and partner at Opus Corporate Finance and Juno Capital LLP.

Stuart Sinclair

Mr. Stuart Sinclair is Interim Non-Executive Chairman of the Board of Provident Financial plc. Mr. Stuart Extensive experience in financial services in the UK and overseas. 10 years in US-based management consulting, 14 years as CEO or equivalent in retail banking organisations and seven years on financial services boards. His Previous board and management experience: Chairman of GE Capital China and GE Capital Bank (UK), chief executive officer of Tesco Personal Finance, director of Virgin Direct, director of Retail Banking at The Royal Bank of Scotland, non-executive director at Liverpool Victoria and TSB plc and council member of the Royal Institute for International Affairs (Chatham House). His Current external appointments: Senior independent director of Swinton Group Limited, QBE Insurance (Europe) Limited and QBE Underwriting Limited, non-executive director of Lloyds Bank plc, Lloyds Banking Group Limited, Bank of Scotland plc and HBOS plc.

Andrew Fisher

Mr. Andrew C. Fisher is a Finance Director, Executive Director of Provident Financial PLC. His key achievements are Renegotiating and refinancing the group’s core bank facility resulting in an increased facility of £450m, an uplift of £67.5m, with a maturity date of May 2020. Assisting and advising the nomination committee on the recruitment of a new non-executive director to assume the role of audit committee chair in 2017. Overseeing the submission of the group and Vanquis Bank ICAAP to the PRA. Ensuring the audit partner rotation was effectively implemented. Realigning the role and responsibilities of the risk advisory group and the risk advisory committee which inter alia included transferring the review and reporting of conduct risk across the group from the risk advisory committee to the risk advisory group. His Previous board and management experience: Finance director of Premier Farnell plc and partner at Price Waterhouse LLP. His Current external appointments: Non-executive director of Arrow Global Group plc.

Kenneth Mullen

Mr. Kenneth J. Mullen is a General Counsel, Company Secretary, Director of Provident Financial PLC. His key achievements include : Reorganising the property and employment legal teams. Developing a legal risk register and creation of a legal audit function. Negotiating Heads of Terms to secure the redevelopment of the premises adjacent to the group’s head office in Bradford. Overseeing the group’s participation in the Legal Social Mobility Partnership Work Experience Programme for 26 students from local schools in Leeds. Joining the GC100 and taking part in a number of events. His Previous board and management experience: Company secretary and general counsel of Premier Farnell plc, Silentnight plc and Whessoe plc. His Current external appointments: Chairman of Rexel UK Limited Pension Scheme.

Andrea Blance

Ms. Andrea Blance is an Independent Non-Executive Director of the Company. Andrea has held a variety of finance roles during a 29 year career at Legal & General Group plc. Latterly she led the strategy and marketing functions and prior to this she was group chief risk officer where she led contact with the regulator. She is a fellow of the Association of Chartered Certified Accountants and holds degrees from the London School of Economics and City University. Her experience of conduct risk and the regulatory agenda, particularly regarding customer outcomes, will be invaluable to the group in the current regulatory environment. Her Current external appointments: Non-executive director at Scottish Widows and Lloyds Banking Group’s insurance division where she also chairs the risk oversight committee.

Robert Anderson

Mr. Robert William Anderson is an Independent Non-Executive Director of Provident Financial PLC. He has Extensive retail experience and knowledge of the type of consumer served by the group. Operational business experience which is relevant to the group’s businesses. His Previous board and management experience: Director of childrenswear business unit of Marks & Spencer and chief executive of Signet Jewelers Limited’s UK Division.

John Straw

Mr. John Straw has been appointed as Independent Non-Executive Director of the Company, effective 1 January 2017. John is an experienced digital entrepreneur who has a deep understanding of technology disruptors, digital transformation and adoption curves as it relates to companies and their digital channels. His Previous board and management experience: Founder and chief executive officer of NetRank Ltd. Head of the digital advisory board of Premier Farnell plc, various digital transformation positions at Internet Marketing Ltd and chairman of the digital advisory board of Thomas Cook Group plc. His Current external appointments: Senior advisor, digital transformation, at Mckinsey & Co, senior advisor at IBM, non-executive director of CTRLio Ltd and advisor to Bought By Many Ltd.

Gary Thompson

Basic Compensation

Name Fiscal Year Total

Malcolm Le May

167,000

Stuart Sinclair

95,000

Andrew Fisher

881,000

Kenneth Mullen

--

Andrea Blance

75,000

Robert Anderson

71,000

John Straw

66,000

Gary Thompson

--
As Of  31 Dec 2017