LONDON (ShareCast) - (Sharecast News) - High-interest lender Amigo Holdings has appointed Nayan Kisnadwala as its new chief financial officer, succeeding Simon Dighton, who will step down by the end of the year.
Over his 30-year career, Kisnadwala has held senior management positions within the finance industry, including CFO of Premium Credit Limited and Barclaycard. He will be appointed to the board as soon as possible, subject to FCA approval.

Meanwhile, Dighton will stay on as an employee until the end of June 2019 to facilitate a smooth transition.

Chairman Stephan Wilcke said: "Simon has made a significant contribution to the work undertaken to complete our initial public offering and the securitisation. The board would like to thank Simon for his diligence and hard work. He leaves with our gratitude and best wishes."

Nayan Kisnadwala said: "The opportunity to join Amigo is one that I am very excited about. I am looking forward to working with the team and helping to deliver the next phase in Amigo's growth."

Shore Capital analyst Gary Greenwood said: "The fact that Mr Kinsnadwala has already been lined up as replacement suggests that Mr Dighton's impending departure did not come as a surprise to the board, thus allowing for appropriate succession planning."

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