Amigo Holdings PLC - guarantor loans company - Says Mike Corcoran will join the board as chief financial officer elect, subject to approval by the UK Financial Conduct Authority.
The appointment will take effect after allowing for an appropriate handover period with Nayan Kisnadwala who will leave the business on November 30. Amigo had said on Monday that Kisnadwala was departing the company "to pursue other career interests".
It says of Corcoran: "Mike is a financial services CFO with extensive experience of working at board level within listed businesses and within heavily regulated environments, most recently in interim CFO roles at CDC Group PLC and the Pension Protection Fund."
Current stock price: 8.50 pence, up 21% on Tuesday
Year-to-date change: down 87%
By Lucy Heming;Â lucyheming@alliancenews.com
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Amigo (AMGO)