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Directorate Change

25th Jan 2006 08:59

Provident Financial PLC25 January 2006 BOARD CHANGES AT PROVIDENT FINANCIAL Provident Financial plc today announces changes to its Board of Directors totake effect following its annual general meeting on 17 May 2006. Andrew Fisher, 47, is to be appointed Finance Director, joining from PremierFarnell plc, where he has been Finance Director for 11 years. He succeeds JohnHarnett, 50, who is to take up new responsibilities as Managing Director of theexpanding International Division which now has over 1.6 million customers.John Harnett will continue to have responsibility for Vanquis Bank and publicaffairs. David Swann, currently Managing Director of International Division, will beretiring at the AGM, a few months before his 60th birthday, after 33 years'service. He led the team which developed the international business from 1997,building it from nothing to full operations in four central European countries.The business is now also in Mexico and piloting operations in Romania. John van Kuffeler, chairman of the Board commented: "We are delighted towelcome someone of Andrew Fisher's calibre and experience to the Board andequally delighted that we have such a capable professional as John Harnett tolead and develop further the highly successful international division. DavidSwann retires with the gratitude and thanks of the Board having workedtirelessly and effectively to build a strong home credit business outside theUK." Information required by the Listing Rules: there is no further information whichis required to be disclosed pursuant to Listing Rule 9.6.13. This information is provided by RNS The company news service from the London Stock Exchange

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