25th Sep 2024 13:51
Funding Circle Holdings PLC - London-based small and medium enterprise loans platform - Co-Founder Samir Desai intends to step down as non-executive director on October 25. Desai says: "Since stepping back as chief executive officer, it has been a pleasure to support Funding Circle as a non-executive director. As I come to the end of my three-year term, I am completing the transition and stepping down from the board. I am very supportive of the strategic changes [Chief Executive Officer] Lisa [Jacobs] and the team have made and am excited about Funding Circle's future. I look forward to continuing to support the company as a shareholder and its biggest fan." Chair Andrew Learoyd says: "Samir has been instrumental in building Funding Circle into the highly innovative business it is today."
Current stock price: 126.50 pence, down 0.4% on Wednesday afternoon in London
12-month change: up from 40.00p
By Tom Budszus, Alliance News slot editor
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