PANCREDIT APPOINTS NEW FINANCE DIRECTOR - Top Stories news and analysis from Global Banking & Finance Review
Top Stories

PANCREDIT APPOINTS NEW FINANCE DIRECTOR

Published by Gbaf News

Posted on August 12, 2014

2 min read

· Last updated: November 1, 2023

Add as preferred source on Google

Following its recent acquisition by the Equiniti Group, together with sustained 34% YOY growth, Pancredit, a market leader in intelligent, automated loan origination, credit sourcing and business intelligence solutions, has expanded its senior management team with the appointment of Seema Sangar as Finance Director.

Seema brings a wealth of knowledge and experience to Pancredit gained over 14 years in the finance industry. As Finance Director she will manage and integrate the Pancredit portfolio on behalf of the Equniti Group, and lead strategic financial planning for the company.

Seema Sangar

Seema Sangar

“This is a great time to be joining Pancredit,” comments Seema. “The company is truly prospering, it has a strong and growing client base and a dedicated team. Its year-on-year growth is set to continue and with consumer confidence in the market increasing, Pancredit is seeing further demand for its intelligent lending systems. This sustained growth, plus the recent acquisition by Equiniti, means that we are able to develop the business further over the next 12 months. I look forward to contributing to Pancredit’s continued success.”

A CIMA qualified accountant, Seema has previously held positions at Mears Group PLC and Morrison FS Ltd, where she has managed contract portfolios worth £90m.

Graham Donald, Managing Director of Pancredit, says: “With the continuing demand for automated software that can help lenders deepen their understanding of their customer’s financial circumstances, there is a clear need for us to expand our team with recruits who have in-depth experience in the industry. The Equiniti investment has enabled us to put in place an ambitious growth strategy for the year ahead. Seema will play an integral role in the coming months by ensuring we retain our strong financial stability as we expand.”

Key Takeaways

  • Pancredit has appointed Seema Sangar as its new Finance Director following its acquisition by Equiniti Group.
  • Seema Sangar brings 14 years of finance industry experience, including roles at Mears Group PLC and Morrison FS Ltd.
  • Her role will focus on managing and integrating Pancredit’s portfolio and leading its strategic financial planning.
  • Pancredit’s recent 34% year-on-year growth and backing by Equiniti support its expansion strategy.

References

Frequently Asked Questions

Who is the newly appointed Finance Director at Pancredit?
Seema Sangar, a CIMA‑qualified finance professional with 14 years of industry experience.
What is Seema Sangar’s background?
She previously held finance roles at Mears Group PLC and Morrison FS Ltd, managing contract portfolios worth £90m.
What are Seema Sangar’s responsibilities in her new role?
She will manage and integrate the Pancredit portfolio for Equiniti Group and lead strategic financial planning.
What has driven Pancredit’s expansion?
Pancredit’s sustained 34% year‑on‑year growth and its acquisition by Equiniti provide momentum and resources for further development.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category