Tim Weller, Interim Chief Executive of payday lender, Wonga, has parted from the company after six months in the role.
Wonga are currently seeking to fill the role permanently, with Andy Haste, former CHief Executive of RSA overseeing operations. Haste stated:
“At a critical time for Wonga, when we will complete our forbearance programme, prepare to apply for FCA authorisation and introduce a cap-compliant product, I’m taking an even more active role in leading the business.
“Tim Weller therefore stepped down as interim CEO in October. This was a mutual decision, following a comprehensive handover, and will ensure clear leadership in the weeks and months ahead. I want to thank Tim for his three years in the business as chief financial officer.”