Big Picture – A Deep Dive Examination of PCF Group Plc
PCF Group Plc Snapshot
Simple banking at your service
In December 2016, we were authorised as a bank. This is supported by more than 20 years of solid growth, both organic and through acquisition. With a finance portfolio of over £125 million, and 11,500 customers, you can rest assured that our professional and personable service has been thoroughly tested.
In the near future we will offer not only the services on which PCF Bank was built, but an equally competitive range of savings products for our customers. Developing into a bank has made us more competitive and flexible, allowing us to better serve our existing customers, and also to attract more new customers who can benefit from our simple, personal, approach to finance.
Independent and innovative
At PCF Bank, simplicity is more than just a buzzword – It is a tangible benefit that we seek to deliver. One of the ways in which we achieve this is through our independence. It enables us to have short lines of communication, so that we can make quick decisions. Another important way in which we differentiate ourselves from other providers is through innovation: in particular, the development of our own internet-based proposals system, eQuote, and our internet-based application process for savings customers. These systems allow us to process applications for finance and savings accounts with new levels of speed and efficiency.
Experts you can rely on
We think that customer focus is easy to define: employing the best people, to deliver the best service, for each of our customers on an individual basis. As a result, our highly skilled and experienced underwriters evaluate all applications for finance on a case-by-case basis, rather than simply relying on credit scorecards. Like everyone who works at PCF Bank, their main objective is to offer a service that is professional and personal, forging lasting relationships with our customers that benefit everyone involved.
Established in 1994, PCF Bank has helped more than 70,000 customers with the finance of their vehicles, plant & equipment. Our success in this area is based on two propositions: that finance should be simple, and that a high level of customer service is part of the product. Following our transformation into a bank, we bring those same principles into the savings market, where we offer a range of competitive products and a truly outstanding service.
For information on Personal Finance, please click here
For information on Business Finance, please click here
Tim has a financial services background and has worked in banking for a number of organisations for over 30 years. He is currently a non-executive director at the Post Office – the UK’s largest financial services retailer by number of outlets. Tim sits on the Audit Committee at the Post Office and also chairs the Post Office Advisory Council. He is also Senior Independent Director at HM Land Registry. Tim is an ILM qualified Level 7 Coach and works extensively with senior executives across many industries both in the UK and internationally.
Christine is a Chartered Accountant with over 25 years experience in financial services working for UK and international banks. After leaving University, Christine worked as an accountant in public practice and in financial services before moving into corporate finance. Over the last 7 years she has served as a non-executive director on a number of boards in the health, housing, leisure and finance sectors, including as chair of the audit committee. She is currently a non-executive director at the Buckinghamshire Building Society and at CSMA Boundless. Christine joined the Board as a non-executive director and Chair of the Audit Committee in June 2017.
David was appointed as a non-executive director in July 2012. He has over thirty-five years' experience in international banking, building his career at Standard Chartered Bank in Europe and the Far East. Since leaving Standard Chartered in 2003 he has been involved in a range of business advisory and non-executive roles. He is currently a non-executive director of Somers Limited, Bermuda Commercial Bank Limited, Waverton Investment Management Limited and Ascot Lloyd Financial Services Limited. He is also Chairman of Harlequin FC, the Premiership rugby club.
David has over 25 years’ experience in both large and smaller financial services organisations with a particular emphasis on customer acquisition and database management. His corporate background includes working at a senior level in public and privately backed businesses. He has also led companies both as CEO and as a board director. Latterly David headed the marketing function of webuyanycar.com and is recognised as an expert in digital marketing and advises businesses on cost effective customer acquisition and marketing in the digital space. David joined the board as a non-executive director and as Chair of the Remuneration and Nomination committee in June 2017.
Mark has been Chairman of Stockdale Securities since November 2014. He was previously Chief Executive of Collins Stewart Hawkpoint and brings a wealth of experience and leadership in both small and large financial services business. Having worked as Global Head of Research for ABN AMRO and HSBC and as Chief Executive of ABN’s UK equities business, Mark led the successful turnaround of Arbuthnot Securities followed by Collins Stewart Hawkpoint.
Scott holds a degree in business studies and is a qualified accountant. He spent six years with BHP-Billiton, Australia’s largest multi-national corporation and five years with McDonnell Douglas Bank. He is one of the founding directors of PCF Group plc and was previously Finance Director until October 2008
David holds a first class degree in Mathematics and Statistics and is a qualified chartered accountant. After qualifying in 1996, he has worked in the Banking sector across a number of institutions including KPMG, Deutsche Bank and was interim Chief Financial Accountant at the Bank of England. Recently David worked as Director of Finance and Company Secretary at Hampshire Trust Bank plc where he was instrumental in setting up the banking operations of that specialist challenger bank.
Robert holds the ACIB Banking Diploma and has over thirty-five years banking and finance experience. He heads both the Business and Consumer Finance Divisions and has extensive experience in lending to personal, corporate and international customers. He is one of the founding directors of PCF Group plc.
105-108 Old Broad Street
020 7222 2426
Nominated Adviser & Broker
Panmure Gordon (UK) Limited
One New Change
Stockdale Securities Limited
15 St Botolph Street
Media & Investor Relations
131 Finsbury Pavement
Ernst & Young LLP
1 More London Place
Maclay Murray & Spens LLP
One London Wall
Computershare Investor Services PLC
PO Box 82