Pioneer Credit Limited announced that on its return to profitability, and with forecast sustainable growth in the future, it has made changes to its Board to further strengthen the Company's governance, strategic development and oversight. Pioneer appointed Ms. Pauline Gately and Ms. Suzan Pervan as Independent Non-executive Directors of the Company, effective 29 August 2023. Pauline is an experienced Non-executive Director, with Board positions at Kalgoorlie Gold Mining Ltd. where she is Chair, at Elixinol Wellness Ltd. and Ardiden Ltd. where she chairs the Audit & Risk and Remuneration & Nomination Committees.

Prior to her career as a Non-executive Director, Pauline spent 20 years in senior roles in investment banking across investment strategy, economic research and funds management, predominantly across Asia, including with Citibank, BNP, Merrill Lynch and Deutsche Securities. Pauline is a member and Graduate of the Australian Institute of Company Directors (GAICD) and holds a BA Hons Economics from University of Strathclyde and Graduate Diploma in Law and Financial Study: Accounting from University of Glasgow. Suzan Pervan is an experienced accounting professional, with nine years at Ernst & Young in Australia and five years internationally, including with PwC.

In 1998 she co-founded the highly regarded Perth-based accountancy firm, Gooding Pervan until her retirement from the firm in 2010. Suzan was previously a director of United Credit Union. Suzan is a member of the Australian Institute of Company Directors and Chartered Accountants Australian & New Zealand and holds a BBus from Curtin University.

With these new appointments to the Board, Michelle d'Almeida has provided her resignation having overseen the Company's technology transformation strategy, which is now being implemented.