International Personal Finance appoints Lockwood as permanent CFO

International Personal Finance has appointed Justin Lockwood as its new chief financial officer after he assumed the role on an interim basis back in September.

Lockwood joined IPF as group head of finance in March 2010, having previously held senior finance positions at Associated British Ports and Marshalls. He is a chartered accountant and spent the first decade of his career working for PwC in the UK and Australia.

Chief executive officer Gerard Ryan said: "We are delighted to appoint Justin as CFO of IPF. After a thorough and extensive search process, the board concluded that Justin's experience and depth of insight into the markets in which IPF operates made him the most suitable candidate for this role."

Lockwood will maintain his position on the company's Executive Committee and is also appointed as an executive director of the board with immediate effect.

At 1432 GMT, IPF shares were up 4% to 192.70p.