1pm has created and appointed a head of group IT, systems and innovation.

David Jones has had a career in IT spanning 30 years, having held a variety of senior IT roles for the past 20 years.

Latterly, Jones spent over a decade as group IT director of former AIM listed financial services entity Jelf Group.

This role saw him develop and oversee the IT infrastructure of a group that grew from 2 sites with some 80 staff to over 35 sites and in excess of 1,000 staff.

1pm said this appointment was the final step in restructuring and strengthening the Group’s senior management team during the past two years.

The Group’s operating board now comprises dedicated heads of each of 1pm’s central operating functions, comprising HR, Compliance, Risk, Marketing and IT, as well as heads of the Group’s product divisions, namely Asset, Vehicles, Loans and Invoice Finance.

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Ian Smith, chief executive officer said: “I am delighted to welcome David to the Group. The IT, Systems and Innovation role is a new, key position that will impact on all aspects of our business. David’s previous experience of operating in a rapidly growing ‘buy and build’ environment will prove invaluable to us.

“David joins our operating board which together now has the depth of skills, leadership and experience to help us achieve the next phase of our ambitious growth plans over the next five years through to 2024.”

In March, 1pm appointed Carol Roberts and Lorraine Neyland to head up its asset division and risk function respectively.

Carol Roberts has over 50 years of experience in the financial services industry including 35 years as a managing director with GE Capital and Bibby Financial Services.

Roberts is also currently a member of the board of the Finance & Leasing Association and chair of the Leasing Foundation, and in 2017 won Leasing Life’s Lifetime Achievement award.

Lorraine Neyland joins the group following over 30 years working in the financial services industry including 25 years within the Bank of Scotland and Lloyds Banking Group across a variety of senior credit and risk roles.