Mortgage platform LendInvest has announced the transition of Christian Faes from non-executive chair to a non-executive board director role.
Senior independent director Stephan Wilcke will assume the role of independent non-executive chair.
The Crawley-based FinTech says Wilcke brings extensive leadership experience and his deep understanding of LendInvest and the wider financial services sector makes him a natural successor to lead the board through the firm鈥檚 next phase of growth.
The transition comes at a strategically important time for LendInvest as it looks to build on its recent positive half-year results.
In his new role as chair, Wilcke will conduct a review of Board composition and committee membership.
鈥淚 am honoured to take on the role of chair and look forward to continuing to work with the board – including of course Christian – and management team to support the company’s growth and strategic ambitions,鈥� he said.
鈥淗aving been part of the board for some time, I am excited to help guide LendInvest through its next chapter, building on its strong platform and driving long-term value creation.鈥�
Faes added: 鈥淚t has been a privilege to serve as chair, and I look forward to continuing to contribute to the board in a non-executive director capacity.聽
鈥淚 remain firmly committed to LendInvest and am excited about the company’s future under Stephan’s leadership of the board.鈥�
Faes is also CEO and founder of US-based investment firm Faes and Co.
The listed company currently has a market cap of 拢39.41m and its share price has been stable over the past six months.
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