London-based FinTech Jaja Finance has appointed Francesco Di Costanzo as its permanent CEO five months after he took up the position on an interim basis.
Prior to that, Di Costanzo held the position of CFO within the company.
The firm says that during this time, he played a crucial role in strengthening the company’s financial footing and supporting its strategic initiatives.
During his tenure as interim CEO, while maintaining his role as CFO, Di Costanzo demonstrated leadership whilst driving significant growth and innovation at the company.
Former CEO Dave Chan has now taken up the position of senior advisor and non-executive director on the board of the business.
“We are thrilled to have Francesco take on the role of permanent CEO,” said Adrian Rushton, executive director, Jaja Finance Board. “His proven track record as CFO and interim CEO, combined with his passion for our mission, makes him the ideal leader to guide Jaja into the future.
“His extensive experience in the financial sector and his dedication to fostering a culture of innovation and customer-centricity will help further build on our foundations and move us closer to our ambition of becoming the market leader in consumer credit.”
Di Costanzo added: “I’m privileged to be appointed as the permanent CEO of Jaja Finance.
“I am looking forward to building on the great work and commitment of our talented team in driving our vision forward to deliver simple, efficient and fair ways to help our customers manage their spend.”
£10bn data centre green-lit on former Britishvolt factory site