1 Dec 2015 07:00
1 December 2015
Private & Commercial Finance Group plc
("PCFG", the "Company" or the "Group")
Board Appointments
PCFG, the AIM quoted finance house, announces the appointments of Mark Brown and Andrew Brook as new Non-Executive Directors of the Company with immediate effect.
Mark Brown, Executive Chairman of Westhouse Securities Limited and previously Chief Executive of Collins Stewart Hawkpoint Limited, brings a wealth of experience and leadership in both small and large financial services institutions. Having worked as the Global Head of Research for ABN AMRO and HSBC, and as Chief Executive of ABN AMRO's UK equities business, Mark Brown went on to lead the successful turnaround of Arbuthnot Securities and subsequently of Collins Stewart Hawkpoint.
Andrew Brook has over 25 years of experience in both audit and advisory work, incorporating UK and offshore financial services regulatory expertise, primarily in banking and funds management. Andrew works as an independent consultant in these fields and is also a Non-Executive Director and Chairman of the Audit Committee of Bermuda Commercial Bank (a major shareholder in PCFG).
Scott Maybury, CEO, commented: "I am delighted to welcome Andrew and Mark to the Board. They bring financial services experience gained at senior level, which will be of tremendous value to Private & Commercial Finance Group as we continue the development of our business."
Additional information:
Mark Finlay Brown
Mr Mark Finlay Brown, aged 52, is or has been in the past five years a director of the following companies:
Current directorships |
Skipper Consulting Limited |
Westhouse Securities Limited Westhouse Holdings Limited |
Previous directorships (held in the past five years) |
Canaccord Genuity Hawkpoint Holdings Limited |
Canaccord Genuity Hawkpoint Limited |
Canaccord Genuity Limited |
Collins Hitchcock Stewart Whitaker Limited |
Collins Stewart Former Holdings Limited |
Collins Stewart Hawkpoint Limited |
Collins Stewart Former Holdings Limited |
Collins Stewart Investments 1 Limited |
Collins Stewart Investments 2 Limited |
Collins Stewart Investments 3 Limited |
Collins Stewart Investments 4 Limited |
Collins Stewart Investments 5 Limited |
Collins Stewart Investments 6 Limited |
Collins Stewart Quest Limited |
Collins Stewart Securities Limited |
Collins Stewart Wealth Management (UK) Limited |
Collins Stewart Securities Limited |
Cost Nominees Limited |
Gilsin Nominees Limited |
Scol Nominees Limited |
Mark Brown currently holds no shares in the Company.
There is no further information to be disclosed under Schedule 2(g) and Rule 17 of the AIM Rules in respect of Mark Brown's appointment as Non-Executive Director.
Andrew James Brook
Mr Andrew James Brook, aged 53, is or has been in the past five years a director of the following companies:
Current directorships |
AJB Consult Limited |
Andcar Investments Limited |
Bermuda Commercial Bank Limited |
Sango Capital (Mauritius) Advisers Limited Sango Capital Partners Limited SCP BBVM Limited SCP Svelte Limited |
Previous directorships (held in the past five years) |
Pricewaterhouse Coopers Bermuda |
Andrew Brook currently holds no shares in the Company.
There is no further information to be disclosed under Schedule 2(g) and Rule 17 of the AIM Rules in respect of Andrew Brook's appointment as Non-Executive Director.
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For further information please contact:
Private & Commercial Finance Group Scott Maybury, Chief Executive Robert Murray, Managing Director David Bull, Finance Director
| Tel: +44 (0) 20 7222 2426 |
Tavistock Chris Munden / Niall Walsh
| Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (UK) Limited Fred Walsh / Peter Steel / Atholl Tweedie
| Tel: +44 (0) 20 7886 2500 |
Westhouse Securities Limited Henry Willcocks
| Tel: +44 (0) 20 7601 6100 |
About Private & Commercial Finance Group plc (www.pcfg.co.uk)
Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted finance house which has two main operating divisions:
• Consumer Finance which provides finance for motor vehicles to consumers; and
• Business Finance which provides finance for vehicles, plant and equipment to SMEs.
The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.