Funding Circle Announces Key Board Changes

Funding Circle Holdings plc, the leading SME finance platform in the UK, has announced significant changes to its board. Richard Harvey has been appointed as an independent non-executive director and Chair of the Risk Committee, starting 1 August 2025. This appointment comes with a structural change, as the current combined Audit and Risk Committee will be divided into separate entities.

Maeve Byrne, already a non-executive director, will chair the newly independent Audit Committee. Richard Harvey, who brings over 30 years of experience with HSBC, GE Money, and Barclays, will participate in multiple committees, enhancing the company's expertise in risk management. His current roles include directorships at the Money and Pension Service and the Financial Services Compensation Scheme.

Ken Stannard, Chair of the Board, expressed enthusiasm for Richard's arrival, anticipating that his extensive background will benefit Funding Circle's growth and risk management strategies. Richard himself looks forward to contributing to the company's sustainable growth and robust risk oversight.