– UK, London – Non-Standard Finance PLC (LON: NSF) today announced the appointment of Jono Gillespie as CEO with effect from 31 August 2021, succeeding John van Kuffeler who stepped down as Group CEO and from the Board with immediate effect.
“Given the pending recapitalisation of the Company, we have agreed with John van Kuffeler that we should accelerate the long-planned leadership change and appoint Jono Gillespie as Group CEO prior to commencing meetings with investors. I would like to thank John for his vision in establishing the business, his tireless championship of access to credit for all, and his commitment to our customers and staff, especially through the challenges of the pandemic,” said Board Chairman, Charles Gregson.
A process is already underway to appoint a replacement Group CFO, and in the meantime, Jono will continue to take responsibility for Group finance, supported by the subsidiary CFOs and the Group team.
About Jono Gillespie
Jono Gillespie has almost 25 years of experience in the non-standard consumer finance sector and has worked at NSF plc for just over five and half years. He most recently served as the Group CFO having previously been the deputy CFO. Before that, he was CFO at Loans at Home, the Group’s home credit business that he joined in January 2016.
Before joining the Group, Jono was at Provident Financial plc where he had held several senior management positions in the Consumer Credit Division including CFO and CIO and so has extensive financial and technology-related experience from working in the sector for many years. Since joining the Board, Jono has been involved in all aspects of the business and ensured we remain on course to complete a substantial capital raise as planned.
Jono Gillespie said: “I am looking forward to leading NSF through the next phase of development, starting with a substantial capital raise, that will transform the Group’s prospects and enable us to make the most of the UK economic recovery for the benefit of our customers, employees, agents and shareholders.”
For more information: https://www.nonstandardfinance.com/
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