Share Name Share Symbol Market Type Share ISIN Share Description
Provident Financial Plc LSE:PFG London Ordinary Share GB00B1Z4ST84 ORD 20 8/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 0.61% 229.60 230.40 230.80 240.00 223.00 223.00 961,448 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 998.3 128.8 33.3 6.9 585

Provident Financial PLC Appointment of Moneybarn Managing Director

24/07/2020 7:00am

UK Regulatory (RNS & others)

Provident Financial (LSE:PFG)
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RNS Number : 9285T

Provident Financial PLC

24 July 2020

24 July 2020

Provident Financial plc announces the appointment of David Shrimpton as Managing Director of Moneybarn

Provident Financial plc (Provident Financial) is pleased to announce the appointment of David Shrimpton as Managing Director of Moneybarn, its car finance division , subject to regulatory approval. He has been acting Managing Director of Moneybarn since March 2020, following Shamus Hodgson's departure.

David Shrimpton has excellent banking and consumer finance experience, in both customer service and operational roles. He joined Moneybarn in January 2019 as Director of Customer Experience. Prior to this, he was Group Customer Services and Operations Head at Wonga, and Managing Director of Customer Services and Global Sales and Retention for Citibank.

Malcolm Le May, Chief Executive Officer of Provident Financial, said:

"David has done a great job in his capacity as acting Managing Director of Moneybarn, leading the business through the key early stages of the Covid-19 pandemic and into a new operating dynamic as lockdown slowly unwinds. I look forward to working with him as we continue to support our customers through this difficult time and also as we develop plans for Moneybarn's future."

David Shrimpton said:

"I'm delighted to be the new Managing Director of Moneybarn. I believe we've got a strong future ahead of us as we continue to grow the business and deliver on our social purpose. Cars aren't just a luxury, they are a way of life for many people. We want to help even more customers buy the cars they need to get to work and make the most of leisure time with their families, as well as commercial vehicles to run small businesses."

 Richard King, Provident Financial    0203 620 3073 
 Nick Cosgrove/Simone Selzer, 
  Brunswick                           020 7404 5959 
 Investor Relations 
 Owen Jones, Provident Financial      07341 007 842 

Notes to Editors

1 . Provident Financial plc is a leading provider of credit products which provide financial inclusion for those consumers who are not well served by mainstream lenders. The Group serves 2.3 million customers and its operations consist of Vanquis Bank, Moneybarn, and the Consumer Credit Division (CCD) comprising Provident home credit and Satsuma.

2. David Shrimpton joined Moneybarn in January 2019 as Director of Customer Experience. He was Group Customer Services and Operations Head for Wonga from February 2016 till December 2018. Prior to that, he spent over 17 years at Citibank in various customer and operational roles, with his last role being Managing Director, Customer Services and Global Sales and Retention.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit



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July 24, 2020 02:00 ET (06:00 GMT)

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