Non-Standard Finance promotes CFO Gillespie to group CEO

Non-Standard Finance

31/08/2021 07:25

LONDON, Aug 31 (Reuters) - British subprime lender
Non-Standard Finance  NSF.L  said on Tuesday its chief financial
officer Jono Gillespie had been named chief executive officer
with immediate effect.
    Gillespie takes over from previous boss John Van Kuffeler
who stepped down from his role on Tuesday.
    A previous executive at Provident Financial  PFG.L ,
Gillespie has been deeply involved in discussions over a
substantial equity increase that is expected to take place in
the third quarter of the year.
    The London-based doorstep lender said a process was underway
to appoint a new chief financial officer.

 (Reporting by Pamela Barbaglia
Editing by Mark Potter)
 ((pamela.barbaglia@thomsonreuters.com;  +442075427723; Reuters
Messaging: pamela.barbaglia.thomsonreuters.com@reuters.net))