Distribution Finance Capital Holdings plc announced that Chris Dailey, Chief Executive Officer and Executive Director, has left the DFC Group following an internal investigation into his personal conduct. The board has appointed Henry Kenner, an existing Non-Executive Director of the company, as acting chief executive officer. The senior management team, which includes Andrew Stafferton (a co-founder of DFC Group), will remain otherwise unchanged by this appointment.

Henry was responsible for the initial investment in and creation of the DFC Group in 2016 and has been actively involved ever since. The company will now commence an executive search for a new permanent chief executive officer.