– UK, London – PCF Group plc (LON: PCF) today announced the appointments of Simon Moore and Mark Sismey-Durrant to its Board as non-executive directors effective from 9 January 2022.
Simon Moore will take up the role of the Chair of the Board while Mark Sismey-Durrant will step into the role of Senior Independent Director.
Garry Stran, Interim CEO commented “I would like to welcome Simon and Mark to the Board who I know will bring a new perspective and fresh ideas as we complete the resolution of historical issues and develop the future strategy for the Group. Both Simon and Mark’s experiences within the banking sector will prove invaluable to the Board as we look forward to the exciting challenges and opportunities for PCF Bank in 2022 and beyond”.
Simon Moore will also join the Board Nominations Committee while Mark Sismey-Durrant will join the Board Risk Committee.
About Simon Moore
Simon Moore has extensive regulatory and financial services experience in consumer, SME, and corporate banking together with regulatory and general financial services experience from his roles in Cambridge & Counties Bank, Barclays Bank, and Chase Manhattan Bank. In addition, he was a member of the management board of the Confederation of British Industry. He is currently the Chair of Cambridge & Counties Bank and RCI Bank UK.
About Mark Sismey-Durrant
Mark Sismey-Durrant has over 40 years of experience in banking with a particular focus on specialist challenger banking, having been CEO of three such banks over a period spanning 23 years – Sun Bank Plc, Heritable Bank Plc, and, most recently, Hampshire Trust Bank. He is currently also Chair of fintech Cashplus Bank.
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 to identify 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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