Home Business NewsFinance News Wonga CEO Niall Wass steps down just after six months

Wonga CEO Niall Wass steps down just after six months

by LLB Editor
23rd May 14 10:54 am

Short-term lender Wonga’s CEO Niall Wass has stepped down just six months after he joined the company.

The company said Wass is taking up a job in another company.

The news comes just two months after Wonga co-founder Errol Damelin left the firm entirely.

Wonga’s finance director Tim Weller will be appointed interim chief executive with immediate effect.

In a statement, Wass said: “My time with the company has been busy and productive, seeing Wonga launch in several new markets, but we’re now at the beginning of a new chapter and I felt the time was right to take a new opportunity elsewhere. There are some exceptional people here and Tim is inheriting a strong team.”

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