Money Advice Group Appoints New Chief Executive

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Leading financial solutions company, Money Advice Group is proud to announce the appointment of their new Chief Executive.

Manchester-based Money Advice Group (MAG), one of the UK’s leading financial solutions companies, has appointed a new Chief Executive, as part of its fervent growth strategy.

Alan Milne, formerly Credit & Risk Director at Freemans Grattan Holdings, will take up the role of Chief Executive, effective from 24th September 2012. The incumbent CEO, founder Stuart Parkin, will assume the position of Chairman.

Milne brings with him an extensive range of experience in retail consumer financial services having worked for major players in the home shopping sector, including GUS (Credit Director) and Home Retail Group Financial Services (Risk Director), where he has been instrumental in organisational restructure and new product development.

His appointment signals another strategic move by the company to further cement its position in the market and support its continual growth. Milne will bring his extensive experience of working within a regulated environment to the fore, assisting MAG in its intention to champion compliance within the financial solutions industry as it makes moves to acquire smaller players in the market and extend its group product offering to Lending and Collections.

Commenting on his appointment, Milne commented: “I have worked with the Money Advice Group for several years and have long admired Stuart, and his founding partner Shelly, for the effort and skill that has seen them develop the business into its current position.

“As I am making the crossover to financial solutions, I do see some challenges to the role I am undertaking but I also see several opportunities for me to bring my skills and expertise to the table. I am excited to join the team and welcome the chance to join such a great company, at a pivotal time in its growth strategy.”

Founder and former CEO, Stuart Parkin welcomed Alan to the team and explained his reason for the appointment: “We are delighted to welcome Alan onboard. His credible reputation within the industry is a credit to Money Advice Group and our plans for growth. In taking the helm, Alan will bring a different perspective to the role, where a major element of the task at hand will be to challenge existing practices and areas of operation. We hope he settles in well and look forward to seeing the direction and support he offers to the existing growth strategy.

“It’s been an exciting four months for Money Advice Group, following the asset based lending facility with PNC Business Credit that has facilitated our plans for growth. The internal restructure seeks to ensure we have the best senior management team in place to allow us to succeed in our business goals. ”

For more information please contact Dawn Hesketh @ JAMpr: 0161 8500565 or dawn (at) jampr (dot) co (dot) uk

Money Advice Group is one of the UK’s leading total financial solutions companies, offering complete, honest and effective financial resolutions direct to the public.

Money Advice Group is the parent company of debt solutions specialists Kensington Financial Management Consultants Ltd, lending solutions experts Oak Loans & Mortgages Ltd, insurance providers Knightsgate Insurance and insolvency experts Knightsbridge Insolvency Services Ltd.

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Howard Jones
Jungle Media Ltd
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