Aim Listed PCF Bank appoints new CFO
PCF Group plc is pleased to announce that Caroline Richardson will be appointed as a member of the Board and as group chief financial officer, subject to regulatory approval being received. Caroline replaces Nick Price, who has been interim CFO since September. Subject to regulatory approval, Caroline will also become a director of the Group’s subsidiaries: PCF Bank Limited, PCF Credit Limited and Azule Limited.
Caroline has significant experience as a finance director, most recently as chief financial officer and Board Member at White Oak UK, where she was responsible for the finance and treasury teams and helped develop their response to the pandemic. Additionally, Caroline has a strong knowledge and understanding of PCF’s reporting requirements both as a listed entity and bank, having previously served as group finance and transformation director at Arrow Global PLC and led the Co-operative Bank plc’s financial reporting for two years as chief accounting officer. Whilst at the Co-operative Bank, she was one of their key contacts with the Prudential Regulatory Authority.
In total, Caroline has more than 25 years’ experience in finance and banking, including nearly twelve years at Deutsche Bank, latterly as UK finance director, highlighting her experience working within the UK regulatory environment.
Caroline qualified as an accountant at PricewaterhouseCoopers and has a First Class Honours Degree in Economics from the University of Hull.
Scott Maybury, CEO of PCF Bank, said: “I would like to welcome Caroline Richardson to PCF Group and wish her every success in her new role. Her experience will be invaluable as we emerge from the pandemic and return to our strategy of strong portfolio growth. I would also like to thank Nick Price for his contribution to PCF as interim CFO over the last six months. ”