Business
Retirement of Director
Alfa Financial Software Holdings PLC announced that Duncan Magrath, Executive Director and CFO, intends to retire at the end of 2026, after joining in March 2020 and contributing significantly to the company's transition to a SaaS-focused business. The Board will commence a search for his successor, with Magrath expressing his continued commitment for the next twelve months. Disclaimer*
About this update from Alfa Financial Software Holdings Plc
[{"type":"text","content":"\n\n23 December 2025\n \nAlfa Financial Software Holdings PLC\nRetirement of Director\n\nAlfa Financial Software Holdings PLC (\"Alfa\" or the \"Company\"), a leading developer of mission-critical software for the asset finance industry today announces that Duncan Magrath, Executive Director and CFO, has informed the Board of his intention to retire at the end of 2026.\n \nThe Board will now proceed with a search for a successor.\n \nAndrew Denton, Alfa's CEO said:\n \n\"I would like to thank Duncan for the guidance and support that he has provided me and our Alfa colleagues since he joined in March 2020. He has made a huge contribution over that time as Alfa has transitioned into a SaaS focused software and delivery company. He has built a team and processes that provide a strong platform for the future growth of the business.\n \nWe wish Duncan a well-deserved and an enjoyable retirement after a long and successful career.\"\n \nDuncan Magrath, Alfa's CFO said:\n \n\"I have thoroughly enjoyed being involved in the growth and development of Alfa over the last 6 years and experiencing the strength of the Alfa culture has been a real highlight. Many thanks to my team, the senior leadership and the Board for the strong support they have given me over that time. I have the same excitement for the next twelve months at Alfa as the first twelve months, and after this look forward to pursuing interests outside of a full-time executive career.\"\n \nThis announcement is made in accordance with UK Listing Rule 6.4.6R\n \n\nFor further details please contact:\n \n\n\n\n\nAlfa Financial Software Holdings PLC\nAndrew Denton, Chief Executive Officer\nDuncan Magrath, Chief Financial Officer\nAndrew Page, Executive Chairman\n\n\n+44 (0)20 7588 1800\n\n\n\n\n \n\n\n\n\n\n\n\nTeneo\nJames Macey White\n\n\n+44 (0)20 7353 4200\n\n\n\n\n \n\n\n\n\n\n\n\n \nNotes to Editors\n \nAlfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.\n \nAlfa Systems, our class-leading SaaS platform, is at the heart of the world's largest and most progressive asset finance operations. Supporting all types of automotive, equipm...