Mace was appointed as interim CFO of the employee services group in October after joining the firm as financial controller and company secretary in 2014.
READ: Personal Group anticipates payment of a fourth and final dividend following publication of full-year results in March 2021
“I’ve always believed in Personal Group’s mission – to connect the unconnected and protect the unprotected – and I am excited to now be part of the board and leadership team delivering on that mission. Our opportunity to take our offering to more workers and grow our business is significant and we have the financial strength, committed team and clear strategy necessary to capitalise on that opportunity”, Mace said in a statement.
“In the months Sarah has been in the interim role she has impressed both the board and our shareholders with her vision for how Personal Group will grow in the future, as well as her ability to implement the change needed to make that vision a reality. She has demonstrated her deep understanding of the business, a clarity of strategic thought and her strength in managing the finance functions across the business. I look forward to working with her to develop the business at a time when supporting and protecting essential workers has never been more relevant”, added Personal Group chief executive Deborah Frost.
Shares in the company rose 0.5% to 207p in early deals on Wednesday.