The finance boss of Provident Financials consumer credit division has left the troubled company.
An internal memo announcing the exit of Phillip McLelland was sent to managers a fortnight ago and was obtained by The Times. The nature of his departure remains unclear, with Provident declining to comment and a spokesman refusing to clarify whether investors had been informed.
Chris Gillespie, the head of the division, who in August was parachuted in to turn the business around, wrote in the email that Mr McLelland, 51, had left the business with our very best wishes and grateful thanks for everything he has done.
It is the latest s…
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