Member Article

Herratt joins Everyday Loans as Chief Financial Officer

Everyday Loans has appointed Francesca Herratt as Chief Financial Officer – the role previously held by the company’s recently appointed CEO, Steven White.

ACCA-qualified, she joins the executive team of the UK’s largest non-standard branch-based lender of unsecured loans from parent company, Non-Standard Finance plc (NSF), where she was Finance Director since 2015.

Francesca’s appointment by the NSF’s branch-based lending business will ensure that its rapid expansion plans are fully supported by the most robust finance strategy.

During her time at NSF, Francesca oversaw the financial management of all divisions – including guarantor loans, home credit and branch-based lending. Gaining this holistic view, she delivered strategic guidance across all NSF businesses within the non-standard consumer finance sector, which makes up a large segment of the UK’s financial services market. The move across to Everyday Loans will enable her to play a more direct role within the company.

“By moving to Everyday Loans, I can now play a more involved role in the day to day running of the business and its strategic development. I’m now responsible for driving forward our financial strategy to ensure that our ambitious growth targets can be met whilst, of course, adhering to ever-changing legislation and accounting standards.”

Steven White, Everyday Loans CEO, said: “I am delighted to welcome Francesca to Everyday Loans and to our executive team here. She’s a very talented, highly technical accountant who also brings with her vast experience gained at Group level as well as in non-financial commercial organisations and a listed company. Her knowledge and track record are enviable, and we have no doubt that she will add real value and depth to both the executive and finance teams and business as a whole.

“She’s a proven finance professional at Group level and brings with her to Everyday Loans an excellent understanding of the unique nature of our sector. She is already providing a fresh perspective, technical insight and strategic direction at Everyday Loans and I have no doubt that she’ll be a huge asset to our executive team.”

Francesca’s appointment is the lender’s latest commitment to its Women in Finance Charter pledge. The company has already exceeded its targets to close the gap within the upper quartile band by 5% and for at least 40% of mid-tier or executive roles to be held by women.

This was posted in Bdaily's Members' News section by Sue Souter .