– UK, London – PCF Group PLC (LON: PCF) today announced the appointment of Carol Sergeant to its Board as an independent Non-executive Director of the Group plc and PCF Bank Limited with effect from 20 September 2022.
Subject to regulatory approvals, Carol Sergeant will take up the role of the Chair of the Risk Committee.
The company also announced the resignation of David Titmuss from the Board of the Group plc and PCF Bank Limited with effect from 20 September 2022.
About Carol Sergeant
Carol has nearly 50 years of experience in banking, notably spending 24 years at the Bank of England and seven years as CRO at Lloyds Banking Group. Carol held various roles at the Bank of England, including being responsible for the worldwide supervision of major UK Banking Groups. Additionally, Carol spent five years at the UK Financial Services Authority first as Director for Banking Supervision and latterly as Board Member and Managing Director for Strategy, Risk, Authorisation, and Enforcement.
Currently, Carol serves on the Board as a Non-executive Director at Danske Bank A/S, where she is Chair of the Risk Committee and a member of the Conduct and Compliance Committee, and Belmont Green Finance Limited, where she is the Senior Non-executive Director, Chair of the Risk Committee and member of Audit Committee. She has previously been a Non-executive Director on the Boards of BNY Mellon SA/NV, TP ICAP, Secure Trust Ban,k and Martin Currie Holdings.
In addition to her roles within the financial sector, Carol has functions in an advisory and charitable capacity. Carol is currently a Trustee of Lloyds Register Foundation and member of the Audit Risk and Investment Committee and Grants Committee, and a member of the Global Advisory Board and Chair of the Global Women’s Leadership Council at Bayes Business School.
About PCF Group plc
Established in 1994, PCF Group plc is the AIM-quoted parent of the specialist bank, PCF Bank Limited. Since commencing operations as a bank in 2017. The Group continues to focus on portfolio quality and lending to the prime segments of its existing markets. The Group will continue identifying opportunities to diversify its lending products and asset classes by setting up new organic operations or through acquisition.
PCF Bank currently offers retail savings products for individuals and then deploys those funds through its four lending divisions:
• Business asset finance which provides finance for vehicles, plants and equipment to SMEs;
• Consumer motor finance which provides finance for motor vehicles to consumers;
• Azule which brokers finance to the broadcast and media industry; and
• Property bridging finance which provides loans to companies and sole traders investing in residential and commercial property.
For more information: https://pcf.bank/
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