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Wonga Group announces new Group Chief Financial Officer

Wonga Group is pleased to announce that Paul Miles will be joining the company as Chief Financial Officer, following completion of Arrow Group’s acquisition of The Capquest Group, which is anticipated to take place by the end of this year.

Paul will be responsible for the Group’s financial performance and will be working closely with the finance team and Chairman Andy Haste to ensure good governance and superior operating processes across the Group.

He will join Wonga from The Capquest Group, the debt management company, where he is currently Chief Financial Officer. He has a wealth of experience in other major consumer-facing financial organisations, including life and pensions provider The Phoenix Group, RSA and AXA.

Paul said: “I’m looking forward to joining Wonga at a pivotal moment for the business and putting customers, good governance and superior operating processes at the heart of everything Wonga does.”

Group Chairman, Andy Haste, said: “Paul will play a leading role in ensuring we become a customer-focused business with a long-term future and an accepted place in financial services. He brings extensive experience of change management and financial services to our senior management team and his appointment is a clear example of the changes we’re making at Wonga.”

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