Provident Financial names Fiona Anderson as managing director of cards

(Sharecast News) - Consumer finance company Provident Financial has tapped Fiona Anderson for the role of managing director of cards.

Provident said on Thursday that Fiona, HSBC's former head of everyday banking, will join the group in April, where she will report to chief executive Malcolm Le May.

The FTSE 250-listed firm stated Anderson's appointment will enhance existing operational and commercial expertise within its Vanquis Bank subsidiary, whilst also complementing the existing credit card experience of the PFG and Vanquis Bank boards.

Le May said: "Fiona brings to PFG extensive credit card and banking expertise. This, combined with her proven ability to drive growth and profitability across cards and banking operations in several large banking organisations, made her an exemplary candidate for this role.

"I look forward to welcoming her to PFG in April and to working closely with her, and the rest of the team, as we grow the cards business back to its pre-pandemic levels."

As of 0840 GMT, Provident shares were down 1.69% at 301.80p.