British subprime lender NSF's founder steps down as CEO

Non-Standard Finance

31/08/2021 07:20

Aug 31 (Reuters) - British subprime lender Non-Standard
Finance  NSF.L  said on Tuesday founder and Chief Executive
Officer John van Kuffeler will step down from the role with
immediate effect, handing over the reins to current finance head
Jono Gillespie.
    "Given the pending recapitalisation of the company, we have
agreed with John van Kuffeler that we should accelerate the
long-planned leadership change and appoint Jono Gillespie as
Group CEO prior to commencing meetings with investors," Chairman
Charles Gregson said.

 (Reporting by Muvija M in Bengaluru, Editing by Sherry
Jacob-Phillips)
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