Pancredit has expanded its senior management team with the appointment of Seema Sangar as finance director.

Sangar (pictured) has over over 14 years’ experience in the finance industry. She will manage and integrate the Pancredit portfolio on behalf of the Equniti Group, and lead strategic financial planning for the company.

A CIMA qualified accountant, she has previously held positions at Mears Group PLC and Morrison FS Ltd, where she has managed contract portfolios worth £90m.

She said: “This is a great time to be joining Pancredit. The company is truly prospering, it has a strong and growing client base and a dedicated team. Its year-on-year growth is set to continue and with consumer confidence in the market increasing, Pancredit is seeing further demand for its intelligent lending systems.

“This sustained growth, plus the recent acquisition by Equiniti, means that we are able to develop the business further over the next 12 months. I look forward to contributing to Pancredit’s continued success.”

Graham Donald, managing director of Pancredit, added: “With the continuing demand for automated software that can help lenders deepen their understanding of their customer’s financial circumstances, there is a clear need for us to expand our team with recruits who have in-depth experience in the industry.

“The Equiniti investment has enabled us to put in place an ambitious growth strategy for the year ahead. Seema will play an integral role in the coming months by ensuring we retain our strong financial stability as we expand.”