– UK, London – Private & Commercial Finance Group plc (AIM:PCF), the AIM-quoted specialist bank, announces the appointment of Christine Higgins as a Non-Executive Director with immediate effect.

Ms Higgins is a qualified accountant and an experienced executive and non-executive director with a career at both building societies and banks. She has held a variety of roles on boards and board committees and is currently a non-executive director of the Buckinghamshire Building Society.

As part of the Group’s authorised status as a bank, Ms Higgins has completed the required Prudential Regulation Authority and Financial Conduct Authority due diligence processes.

Tim Franklin commented: “I am delighted that Christine is joining our board. Her background in financial services and experience in audit/risk will be of great value as we exit mobilisation and become a fully-fledged bank. We very much look forward to working with Christine and gaining from her experience.”

Christine Higgins commented: “I am very pleased to be joining PCFG as a non-executive director at this exciting time, with the Company becoming a bank and expanding its business.”

About Private & Commercial Finance Group plc

Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted specialist bank which has two main operating divisions:

Consumer Finance which provides finance for motor vehicles to consumers; and
Business Finance which provides finance for vehicles, plant and equipment to SMEs.

The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.

For more information : http://www.pcfg.co.uk

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