Provident Financial consumer boss Chris Gillespie quits

13th Sep 2013 10:53

Provident Financial's Managing Director of consumer credit has quit the home lender for a new job.Chris Gillespie has left with immediate effect. He will be replaced by Mark Stevens, commercial director of the consumer credit division (CCD). Provident did not disclose where Gillespie was going.Stevens, who joined in September 2012, has been working on a revamp of the CCD business to move into online lending and mobile technology. Unlike Gillespie, Stevens will not have a place on the board and he will report to Chief Executive Peter Crook. Finance Director Andrew Fisher and Crook will be the only two executives on Provident's board after Gillespie's departure. Crook said: "I would like to thank Chris for all his dedication and hard work in leading CCD through the last six years which have seen some challenging market conditions and I wish him well for the future. "Mark has already made a strong start in leading CCD's commercial initiatives, in particular the development of its online proposition. I'm looking forward to working closely with Mark to deliver the medium term agenda and drive improved performance."