It is with deep sadness that the Board of IGF announces that John Onslow has decided to step down as CEO of the Company after seven highly successful years. John has recently been undergoing chemotherapy as part of his ongoing treatment for cancer and earlier this year advised that it would be best for the Company and key stakeholders if a replacement were found. Thankfully John’s treatment progresses well, and we are optimistic that John will return later in the year to continue supporting the growth and development of IGF. The Directors and employees of IGF all wish John well and look forward to welcoming him back soon.

Following an extensive search & selection process the Board is delighted to announce the appointment of Steve Chait as CEO of the Company. Steve has deeply embedded experience and expertise in the world of Asset Based Lending generated over more than 30 years with Burdale, Wells Fargo and, most recently, Blazehill Capital. The Board is delighted to have identified an individual with such a strong track record of success, so ideally suited to the next stage of IGF’s growth and development.

Steve Chait said, “I am delighted to be joining IGF, a long established, independent and entrepreneurial lender whose aspirations match my own. I’ve watched John Onslow and his team build a fantastic business from a standing start, helping hundreds of businesses in the UK with their financing requirements. This is a rare opportunity for me to join this dynamic team and I look forward to working with the group to achieve our exciting ambitions.”

John Allbrook, IGF Chairman said, “I am delighted we have appointed Steve as our new CEO. He brings new energy and drive in addition to his undoubted knowledge and expertise of the market, which will all be key ingredients for the Company’s continuing success. Following a rigorous search & selection process, I am confident we have identified the best person possible for this job.”

John Onslow, IGF CEO said, -“I was very impressed with the quality of candidates that we attracted for this role and am highly confident that we have the right individual for the job. I would like to wish Steve every success at IGF.”