– UK, Leeds – International Personal Finance plc (LSE: IPF) announced today the appointment of Dan O’Connor as an independent non-executive director. Dan will join the Board on 2 January 2015.
The Company also announces that Christopher Rodrigues has informed the Board that he will retire as Chairman of the Company and as Chairman of the Nomination Committee at its AGM on 30 April 2015. Dan O’Connor will succeed Christopher as Chairman of the Group and of the Nomination Committee.
Dan, 54, has over 25 years’ experience in large international and financial services companies. He is currently a non-executive director of CRH plc and Glanbia plc. Prior to this, he was Executive Chairman of Allied Irish Banks, plc, where he steered the bank through the financial crisis. In addition, Dan spent 10 years as CEO of GE Consumer Finance Europe and was Senior Vice President of General Electric. During this time he was a non-executive director of one of Turkey’s largest banks, Garanti Bank. Dan is a fellow of the Institute of Chartered Accountants in Ireland and an experienced Remuneration Committee chairman and Audit Committee member.
Christopher has served as the Company’s Chairman since it listed in July 2007 but he has been associated with the business prior to that in his capacity as a director and Deputy Chairman of its former parent company.
Commenting, Christopher Rodrigues, Chairman, said: “We are delighted to welcome Dan O’Connor as a non-executive director. He brings with him a wealth of experience, which will help drive the Company’s strategy for growth and transformation programmes forward into the future.”
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