Vanquis Banking Group PLC Chief Financial Officer Appointment (7495N)
2023年9月27日 - 3:00PM
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RNS Number : 7495N
Vanquis Banking Group PLC
27 September 2023
Vanquis Banking Group
Chief Financial Officer Appointment
27 September 2023
Vanquis Banking Group plc (the "Group") is pleased to announce
the appointment of Dave Watts as Chief Financial Officer ("CFO"),
subject to regulatory approval. Dave will join the Board and start
as CFO in November 2023.
Dave Watts is a highly experienced CFO with extensive banking
knowledge who has worked for HSBC for nearly 30 years. Dave has
held a number of key CFO roles at HSBC, including CFO of HSBC UK
Bank plc from 2017 to 2021, where he was instrumental in
establishing HSBC's UK non-ring fenced bank. He is currently CFO
for HSBC's European business. Prior to joining HSBC, Dave qualified
as a Chartered Accountant with KPMG, and is a qualified
treasurer.
Gareth Cronin, who has been acting as interim Chief Financial
Officer since August, will continue in his role as Group Chief Risk
Officer for the Group.
Ian McLaughlin, Chief Executive Officer, commented:
"Dave was the outstanding candidate in our CFO recruitment
search process, and I look forward to working with him. His direct
CFO and UK retail banking experience will be a great asset to the
Board, the Group, and myself, as we move forward and grow the Group
as a leading specialist bank. I would like to thank Gareth Cronin
for acting as interim CFO and helping me immensely since I joined
the Group as CEO in July."
Dave Watts commented:
"I am delighted to be joining Vanquis Banking Group as CFO. I
look forward to working with Ian and the Board, as we continue to
grow as a specialist banking group, helping customers who find it
hard to access mainstream lenders, and deliver sustainable returns
to our shareholders."
The following information is disclosed in accordance with LR
9.6.13:
In accordance with the Listing Rules, there are no other matters
requiring disclosure under 9.6.13R of the Listing Rules of the
Financial Conduct Authority in relation to the appointment of David
Watts.
Enquiries:
Analysts and shareholders:
Miriam McKay, Interim Head of
Investor Relations 07577 390666
miriam.mckay@vanquisbankinggroup.com
Media:
Richard King, Vanquis Banking
Group 07919 866876
Nick Cosgrove/Simone Selzer,
Brunswick 0207 4045959
vanquisbankinggroup@brunswickgroup.com
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END
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September 27, 2023 02:00 ET (06:00 GMT)
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