Folk2Folk has appointed Kawai Chung as chief govt, succeeding Roy Warren.
Chung joins Folk2Folk with greater than 20 yr of expertise in monetary companies and asset-backed investing.
He has held senior management roles at challenger banks, personal fairness companies and funding managers, together with SilverRock Financial Services, Intriva Capital and ARA Venn.
Warren, who has served as managing director of Folk2Folk since 2019, is retiring from the enterprise and can be a part of the board as an unbiased non-executive director in January 2026.
Warren will help Chung within the function to make sure a easy transition.
Folk2Folk additionally introduced the appointment of Claire Richards as govt director designate.
Richards is head of operations on the lending platform and has been with the corporate since 2018.
Commenting on his appointment, Chung says: “I’m honoured to be becoming a member of Folk2Folk at such a pivotal second. The enterprise has carved out a particular area in UK finance, and I’m excited to construct on that legacy.”
“My focus will probably be on strengthening our lending proposition, deepening our dealer relationships, and persevering with to ship worth for UK SMEs and their introducers.”
Folk2Folk chairman Tim Sawyer provides: “Roy has steered [the company] by means of a transformative interval, delivering constant profitability and embedding the values that set this enterprise aside. We’re grateful for his management and happy we’ll proceed to profit from his perception and expertise on the Board.”
“At the identical time, we’re delighted to warmly welcome Kawai as CEO. His depth and breadth of expertise in monetary companies and alignment with our mission make him the precise chief to take Folk2Folk into its subsequent chapter.”
At the beginning of the yr, Folk2Folk employed Aaron Hamshire as relationship supervisor.
