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Funding Circle names new chief executive

Thu, 09th Sep 2021 07:18

LONDON, Sept 9 (Reuters) - Online lending platform Funding
Circle has named Lisa Jacobs, the head of its British
business, to succeed Samir Desai as chief executive from Jan. 1.

Desai will take on a new role as non-executive director, the
company said on Thursday, having run the platform for the past
12 years.

Funding Circle, which began as a peer-to-peer lender, also
said that it made an operating profit of 35.5 million pounds
($48.85 million)in the first half of the year.
($1 = 0.7267 pounds)
(Reporting by Lawrence White
Editing by David Goodman)

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