Business
Update on appointment of Chair and Board change
Update on appointment of Chair and Board change.
About this update from Amigo Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8536B\n Amigo Holdings PLC\n 13 October 2020\n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n 13 October 2020\n \n \n \n \n \n Amigo Holdings PLC\n \n \n (\"Amigo\" or the \"Company\")\n \n \n \n \n \n Update on the appointment of the Chair and Board change\n \n \n \n \n \n Following on from the announcement made on 20 July 2020, Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, confirms the FCA has approved Jonathan Roe for the role of Chair of the Company, under the Senior Managers & Certification Regime. \n The appointment of Jonathan as Chair will be effective today. \n \n \n \n \n \n As a result of the change listed above, Roger Lovering, who held the position of Acting Chair since \n 11 June 2020\n , has resigned as Acting Chair with immediate effect. Roger will step down as Chair of the Risk Committee and as a non-executive director of the Company after a handover period, on 31 October 2020. \n Jonathan will also take over the Chair of the Nomination Committee with immediate effect. \n \n \n \n \n \n Jonathan Roe, Chairman\n : \"\n I am delighted to formally become Amigo's new Chairman.\n Nothing I have seen in the last two mont\n hs since I joined the Board as a Non-Executive Director, has diminished my belief that \n everyone at Amigo shares a common intent of serving its current and future customers' needs. We have significant challenges but we have the spirit to meet them. We have geared up to handle the October end of Covid-19 forbearance and we continue to be sensitive to the uncertainties that many of our customers are currently facing\n .\" \n \n \n \n \n \n Roger Lovering said: \"I stated publicly that I would leave the Board of the Company when we had refreshed the Board in an orderly manner. In Jonathan, Gary and Maria we have gathered a talented team that will take the Company forward and help to restore the Company to the position where it can refocus on deliver...