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Finance

UK's Amigo Holdings announces CEO exit

Published by Global Banking & Finance Review

Posted on May 12, 2025

1 min read

· Last updated: January 23, 2026

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(Reuters) -Amigo Holdings on Monday said that Kerry Penfold will immediately step down as CEO, at a time when the British sub-prime lender is looking for a buyer to take over its stock market listing

Amigo Holdings Announces CEO Kerry Penfold's Departure

(Reuters) -Amigo Holdings on Monday said that Kerry Penfold will immediately step down as CEO, at a time when the British sub-prime lender is looking for a buyer to take over its stock market listing as it winds down its business.

Nicholas Beal, Amigo's Chief Restructuring Officer, will take over Penfold's responsibilities alongside his own.

(Reporting by Simone Lobo in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

Amigo Holdings CEO Kerry Penfold steps down.
Nicholas Beal takes over CEO responsibilities.
Amigo seeks buyer for stock market listing.
The company is winding down its business.
Amigo is a British sub-prime lender.

Frequently Asked Questions

What is the main topic?

The main topic is the resignation of Amigo Holdings CEO Kerry Penfold as the company seeks a buyer for its stock market listing.

Who is taking over the CEO responsibilities?

Nicholas Beal, Amigo's Chief Restructuring Officer, will take over the CEO responsibilities.

What is Amigo Holdings' current business status?

Amigo Holdings is winding down its business and looking for a buyer for its stock market listing.

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