Richard Arden, 35, the former executive director of the Westfield Contributory Health Scheme Ltd, has been named as the new finance director at AIM-listed Debts.co.uk with immediate effect.

Arden, whose other experience has been at South Yorkshire Investment Fund Ltd qualified as a chartered accountant at PwC.

Commenting on his appointment, Paul Carter, Chief Executive, said 'I am delighted to welcome someone of Richard’s calibre to the management team. His experience of consumer related financial services will be invaluable as we continue our plans to grow the Company in the years to come.'

Debts.co.uk specialises in IVAs, debt management programmes and secured loans or second mortgages, to over-indebted individuals.

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