Former Amigo Loans boss returns as CEO

Crawford had stepped down in April 2019 to undergo medical treatment but is now ready to re-join subject to obtaining the necessary regulatory approvals.

Acting chairman of Amigo, Roger Lovering, said: “I am delighted that Glen has decided to re-join the company. He is a natural choice and brings experience and leadership to the company at this challenging time.”

Crawford said: “I am pleased to have this opportunity to step back into the driving seat at Amigo with the support of the board.”

In June, a potential buyer pulled out of acquisition talks with Amigo Loans, just as the guarantor lender anticipated a £35m cost to resolve a complaints backlog.

Amigo Loans recently suspended lending to new customers amid the Covid-19 pandemic.

In March this year, Amigo’s founder, James Benamor, resigned from the board after reinstating himself three months prior. In the same month, Benamor published a blog publicly criticising the alleged actions of Amigo’s board.