Business
Appointment of Chief Financial Officer Designate
Appointment of Chief Financial Officer Designate.
About this update from Distribution Finance Capital Holdings Plc
[{"type":"text","content":"\n\n3 April 2025\n \nDistribution Finance Capital Holdings plc\n(\"DF Capital\" or the \"Company\" together with its subsidiaries the \"Group\")\n \nAppointment of Chief Financial Officer Designate\n \nDistribution Finance Capital Holdings plc, a specialist bank providing working capital solutions to dealers and manufacturers across the UK, is delighted to announce that, following a comprehensive search process, it has appointed Sameera Khaliq as Chief Financial Officer designate from 1 May 2025.\nSameera will succeed Gavin Morris who, as announced on 4 October 2024, will be retiring from the Group, effective 31 December 2025. Following her appointment as Chief Financial Officer designate, Sameera will begin an extended period of handover from Gavin Morris.\nSameera's appointment as Chief Financial Officer and Executive Director to the Board of the Company is subject to the requisite regulatory approvals being granted and the satisfactory completion of due diligence by the Company's nominated adviser. A further announcement noting her formal appointment as Chief Financial Officer and Executive Director to the Board of the Company will be made at the appropriate time and will include the requisite Schedule 2(g) disclosures required under the AIM Rules for Companies.\nSameera brings almost two decades of financial services and regulated lending experience to the Company, having held senior financial leadership positions, most recently at Skipton Building Society where she was responsible for all elements of finance across substantial business lines. Sameera also held a non-executive director position at the Leeds Credit Union until recently, has been advising a fintech start-up on its capital raise and currently holds a non-executive director role at Ecology Building Society. \nCarl D'Ammassa, Chief Executive, commented: \"I am delighted to welcome Sameera to the firm. Sameera brings extensive financial leadership experience, covering all elements of the bank's balance sheet including regulated lending. Her experience working for high quality companies of significant scale, who, like DF Capital have demonstrated a strong focus on growth whilst optimising returns will be invaluable to us as we enter this next phase of our strategic plan. Whilst excited to see Sameera join us, I would also like to take thi...