Giles Cross has stepped down from the helm of the business lender.
“I want to express my heartfelt thanks to Giles for his significant contribution to the development of FOLK2FOLK in its evolution from start-up to scale-up business,” said Folk2Folk chair Tim Sawyer.
Dumeresque stepped down suddenly in September 2017 and left the business leaderless for four months.
Now in Cross’s absence Roy Warren, the company’s Head of Loans, Risk & Portfolio, will take over as interim Managing Director until a CEO replacement can be found.
“I’m proud of what we’ve achieved together and the growth and success of the business so far,” said Cross on his departure.
“Folk2Folk is an exciting company with a brilliant team of employees and I look forward to following the company’s future success.”