City of London Group FD to step down
City of London Group finance director Howard Goodbourn has decided to step down, the AIM-listed company confirmed on Friday.
City of London Group
10.00p
16:55 24/01/23
0.00%
0.00p
Financial Services
16,083.77
16:49 20/09/24
-0.15%
-24.87
In a statement, COLG said Goodbourn would be leaving on 18 March to pursue “full-time business interests.”
While he has been the FD for the past four years, Goodbourn’s role has not been full-time since 30 September.
He will not be directly replaced, the company said. Rather, his duties will be assumed by other COLG staff.
COLG's two investee businesses – Credit Asset Management Limited and Trade Finance Partners Limited – continue to have their own full-time finance directors.
At 1641 GMT, COLG’s share price was unchanged at 10p.