Jerrold Holdings, the parent company of Blemain Finance, has announced the resignation of its deputy chief executive and operations director.
Gary Jennison joined the group as deputy CEO in October 2013 according to his Linked In profile. Stephen Baker has held the position of operations director since 2008.
Baker was instrumental in changing Blemain’s approach to processing its secured loan applications which resulted in shorter turnaround times from receipt of application to completion.
Jerrold Holdings declined to comment on the reasons for the resignations.
Both directors are subject to a twelve-month notice period and will continue in their roles until suitable replacements have been found.
