06/09/06

Nemo Personal Finance appoints Operations Director

Nemo Personal Finance has appointed Ian Praed as their Operations Director. Overseeing Nemo's Contact Centre, Customer Services and Collections departments, Ian will be joining the board of directors with an aim to maximise the performance of Nemo's operations as the company enters a new phase of business growth.

Ian's appointment at Nemo follows the rapid growth of the Cardiff based secured loans company, which had just 30 employees when it launched for business in February 2005. The current workforce stands at 139 and continues to grow, reflecting Nemo's success as a secured lender.

Commenting on Ian's appointment and his role in the business succession plan, Phil Jones, joint managing director of Nemo Personal Finance, said: "We are delighted to be bringing someone of Ian's calibre on board. Ian will be instrumental in moving the business forward, consolidating the great start that we have had."

Born and raised in Wales, Ian brings a wealth of experience in business operations, having worked for some of the UK's leading blue chip firms including Lloyds TSB Insurance, RAC plc and Admiral Insurance.

Prior to joining Nemo, Ian served as Head of Sales and Retention at Lloyds TSB Insurance, where he was fully responsible for the Sales, Service and Customer Retention function for the Direct Division of the bank assuror.