Funding Circle Holdings plc announced that Sean Glithero has informed the board of his intention to step down from his role as Chief Financial Officer and from the Board. Sean will be succeeded by Oliver White, who will join from Vanquis Bank where he is currently Chief Financial Officer. Oliver was formerly Chief Financial Officer at Barclaycard, where he managed a global business with combined assets of £40 billion, £5 billion of revenues and £1.6 billion of profits.

Sean will step down from his position and from the Board later this year, providing sufficient time for an orderly transition.