Back to Business Tomorrow 1st August31 Jul 2020 09:59
Subject to obtaining the necessary regulatory approvals, it is intended that Mr. Crawford's appointment will take effect from 1 August 2020.
Roger Lovering, Acting Chairman of Amigo, said:
"I am delighted that Glen has decided to re-join the company. He is a natural choice and brings experience and leadership to the company at this challenging time."
Mr. Crawford was appointed Chief Executive Officer of the Company in February 2016 and of Amigo Loans Ltd and Amigo Management Ltd in October 2015, but stepped down as Chief Executive Officer during April 2019 in order to undertake medical treatment. During his period as Chief Executive Officer of Amigo, Mr Crawford secured full FCA authorisation for the business and then led it through a period of significant growth, developed and optimised its funding structures, was responsible for the IPO of the business in July 2018 and for its first full year results as a public company for the year to March 2019.
Mr. Crawford commented:
"I am pleased to have this opportunity to step back into the driving seat at Amigo with the support of the board. I remain confident that with Amigo's excellent team pulling together, we can successfully navigate through the challenges facing the business and get back to focussing on meeting the day to day needs of our present and future customers, who are otherwise excluded from obtaining credit."