H&T Group shows a ‘significant statement of intent’ regarding its future growth ambitions through the appointment of four new non-executive directors, John Dowsett said.

Analyst Gary Greenwood said the appointments will ‘bring additional experience and diversity’ to the H&T board.

The Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches on Friday said the new appointments will take effect on July 1.

Robert van Breda, who currently serves as interim chief financial officer at Griffin Financial Technology Ltd, will chair the audit committee, H&T said.

Houlihan Lokey managing director Lawrence Guthrie will also join the board of non-executive directors, as well as well as Catherine Nunn, who currently serves as deputy chair at Lakeland Ltd, after having served as chief executive officer at the firm for four years. Nunn will chair a newly formed customer committee.

Finally, Sally Veitch, who is the chair of Audit & Remco at LHV Bank Ltd, as well as chair and non-executive director at Tipton & Closely Building Society, will chair H&T’s risk committee.

H&T also said Senior Independent Director James Thornton intends to retire and as such will not seek re-election at the 2024 annual general meeting.

Chair Simon Walker said: ‘I am delighted to continue to build the breadth of expertise of the Board with the addition of Robert, Lawrence, Catherine, and Sally. Each of them brings vast and relevant experience to the group and will provide strong counsel as we look to grow our core pawnbroking and retail businesses whilst also becoming even more consumer centric. I look forward to working with each of these talented individuals as the group continues on its growth trajectory.’

Shares in H&T were up by 0.5% at 437.01 pence each in London on Friday afternoon.

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