– UK, Bournemouth – Amigo Holdings PLC (LON: AMGO), a leading provider of guarantor loans in the UK, today announced the appointment of Gary Jennison to its Board as a non-executive director effective from 17 August 2020.
Gary will also take over as Chair of the Risk Committee at Amigo from the current Chairman, Roger Lovering, following a suitable handover period and his approval for the role of Chair of the Committee by the Financial Conduct Authority under the Senior Managers Regime.
“We are delighted to welcome Gary to Amigo and the Board. His tremendous commercial, regulatory and public listed experience, including with customer-focused businesses, will be a valuable addition to our Board.” said acting Chairman, Roger Lovering.
Following the appointment of Gary, the total number of Board Directors will consist of four independent Non-Executive Directors, including the Chairman designate, one Executive Director and one proposed Executive Director awaiting approval of his appointment as an Executive Director.
About Gary Jennison
Gary has over 40 years of experience within the financial services sector, of which approximately 20 years have been at CEO or board level. Most recently, he was Chairman of Orchard Funding Group PLC for two years until December 2019 and was Group deputy CEO of Together Money for two years until December 2015 These appointments followed a career covering a wide spectrum of the credit industry with positions at The Warranty Group, Secure Trust Bank, Barclays Bank, Lex Vehicle Leasing, GE Capital, Hitachi Credit and Lloyds Bowmaker, among others
Gary was until recently non-executive Chair of Lantern Debt Recovery Services Limited and will step down to fulfil his time commitments as a non-executive director of Amigo. He remains a non-executive director of Admiral Financial Services Limited and is Chairman of the advisory board of Positive Momentum Partners.
Gary Jennison said: “I am delighted to join the Amigo board and am looking forward to working with the team to serve Amigo’s customers’ needs. While there are near-term challenges to the company, I have a strong belief in the company and its product, and I’m looking forward to tackling these challenges and helping to provide access to credit to Amigo’s customers at this difficult time.”
For more information: https://www.amigoplc.com
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