24 Nov 2017 07:00
Death of Executive Chairman.
It is with profound sadness that the Board of Provident Financial plc shares the news that Executive Chairman Manjit Wolstenholme has passed away suddenly on 23rd November 2017.
Malcolm Le May, Senior Independent Director said: "We are deeply shocked and saddened. The thoughts of everyone at Provident are with Manjit's family and friends, and we extend our deepest sympathies to them.
It was a great privilege to know her personally and to work alongside her over the last few years. She has shown exceptional leadership in stepping up to the role of Executive Chairman over the last few months. Manjit was known and respected for her achievements and championing diversity in British business, and we would like to pay tribute to her contribution to the business landscape."
The Board has appointed Mr Malcolm Le May, currently the Senior Independent Director of the Company, as Interim Executive Chairman of Provident Financial plc with immediate effect.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014