International Personal Finance appoints new non-executive director

International home credit business International Personal Finance has appointed Jayne Almond to its board as an independent non-executive director.

In a short statement released on Wednesday, the FTSE 250 group said that Almond, who set up equity release firm Stonehaven in 2006 and was executive chairman until 2014, when the firm was acquired by MGM Advantage group, began her new role on 23 June.

"We are delighted to welcome Jayne as a non-executive director, given her extensive financial services experience," said group chairman Dan O'Connor.

"We look forward to her contribution to the board with her strong background in the areas of consumer finance, marketing and strategy."

Internationa Personal Finance shares were down 0.25% to 486.80p at 08:18 on Wednesday.