Amigo appoints Michael Bartholomeusz to its Board as Non-Executive Director

– UK, Bournemouth –  Amigo Holdings PLC (LON: AMGO), a leading provider of guarantor loans in the UK, today announced the appointment of Michael Bartholomeusz to its Board as a Non-Executive Director, effective from today.

“We are delighted that Michael Bartholomeusz has agreed to join Amigo’s Board as a Non-Executive Director… Michael brings to the Board a wealth of risk management and regulatory advisory experience and expertise of U.K. regulated financial services businesses.” said Board Chair, Jonathan Roe.

About Michael Bartholomeusz

Michael has over 35 years of experience, including at board level in a variety of financial services companies. Michael is a qualified chartered accountant and has held senior management and board-level positions with First National Bank plc, GE Capital Europe, AIG UK, KPMG, Prudential UK and Flood Re. He was Chief Risk Officer at AIG UK and Flood Re and the Regulatory and Conduct Risk Director at Prudential UK.

He is currently Non-Executive Chair of the Board of ORIC International, an operational risk consortium for the (re)insurance and investment management sector and an advisor to Ambiental Risk Analytics. In the recent past he was a Non-Executive Director and Chair of Audit and Compliance Committee at British Friendly Society.

Michael will also take over as Chair of the Risk Committee at Amigo, subject to approval for the role by the Financial Conduct Authority under the Senior Managers Regime.

Michael Bartholomeusz, Non-Executive Director said: “I am delighted to be part of a refreshed Board at Amigo. I am looking forward to helping navigate the organisation to a more predictable and successful future”

About Amigo Loans

 migo is a leading provider of guarantor loans in the UK 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. 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 in the future. Amigo is a mid‐cost provider with a simple and transparent product ‐ a guarantor loan at a representative APR of 49.9 per cent., 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

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