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    Home > Finance > UK's Amigo Holdings announces CEO exit
    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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    Quick Summary

    Amigo Holdings CEO Kerry Penfold steps down as the company seeks a buyer for its stock market listing while winding down operations.

    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 about UK's Amigo Holdings announces CEO exit

    1What 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.

    2Who is taking over the CEO responsibilities?

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

    3What 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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