– UK, Bournemouth – Amigo Holdings PLC (LON:AMGO), a leading provider of guarantor loans in the UK, today announces Clare Salmon joins the Board as a Non-Executive Director.

Clare has extensive listed company experience and a strong background in marketing, having held international leadership roles at Royal London, RSA plc, Prudential, the AA, Vodafone and ITV. Clare is also an experienced Non-Executive Director with current appointments at CMC Markets plc and Swinton Group. Previous Non-Executive roles include six years on the Alliance Trust Board and four years on the Board of Codan Forsikring A/S in Denmark.

Clare will be taking over the Chairmanship of the Remuneration Committee from the current Chairman, Stephan Wilcke, following a suitable handover period. She will also be a member of the Audit and Nomination Committees.

Stephan Wilcke, Chairman said: “The Directors are delighted to welcome Clare to the Board. Her tremendous commercial and marketing experience in customer focused businesses will be a valuable addition to our Board.”

Clare Salmon, Non-Executive Director said: “I am extremely pleased to be joining Amigo’s Board. I look forward to working with a successful team who are focused on delivering a quality service to meet customer needs within the mid-cost sector of the credit market.”

About Amigo Loans

Amigo Holdings PLC is listed on the main market of the London Stock Exchange (ticker: AMGO). Amigo is the leading company in the UK guarantor loans market and offers access to mid-cost credit to those who are unable to borrow from traditional lenders due to their credit histories.

The guarantor loan concept introduces a second individual to the lending relationship, typically a family member or friend with a stronger credit profile than the borrower. This individual acts as guarantor, undertaking to make loan payments if the borrower does not.

Amigo was founded in 2005 and has grown to become the UK’s largest provider of guarantor loans, with approximately 88% UK product share as of 31 March 2018. In the process, Amigo’s guarantor loan product has allowed borrowers to rebuild their credit scores and improve their ability to access credit from mainstream financial service providers.

Amigo operates within the mid-cost credit market providing a simple and transparent product – a guarantor loan at an APR of 49.9%, with no fees, early redemption penalties or any other charges.

Amigo Loans Ltd and Amigo Management Services Ltd are authorised and regulated in the UK by the Financial Conduct Authority.

For more information : https://www.amigoplc.com

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