The Board of Provident Financial plc wishes to announce that Malcolm Le May, Group Chief Executive, will be taking a short leave of absence from late September to undertake a planned heart procedure. Malcolm is expected to return to his position in November. During this interim period, Patrick Snowball, Group Chairman, will assume the role of Executive Chairman.
Owen Jones, Provident Financial: email@example.com, 07341 007842
Richard King, Provident Financial: 07919 866876
Nick Cosgrove/Charlie Pretzlik, Brunswick: 020 7404 5959
Notes to editors:
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 2.2 million customers and its operations consist of Vanquis Bank, Moneybarn, and the Consumer Credit Division (CCD) comprising Provident home credit and Satsuma.