Independent Growth Finance (IGF), an independent commercial finance provider, has announced the appointment of John Allbrook as Non-Executive Chairman replacing Matt Cooper, who, during three years as Chairman, helped IGF transition from a small financier to a major independent asset based lender.
Since leaving GE Capital in 2004 Allbrook has built an impressive track record working with private equity and AIM-listed businesses in both the financial services and technology sectors. As CEO of GoIndustry plc, John was instrumental in helping the company to secure an AIM listing. As Executive Chairman of Syscap, he grew revenues and EBITDA significantly. Enabling the successful sale of the business to the Wesleyan Mutual Assurance Society.
Since then Allbrook has built a non-executive portfolio which has included both Borro Private Finance and Hitachi Capital – Franchise Finance. John is currently Non-Execuitve Chairman of Cellesce, a biotechnology start-up, and is a Board Mentor with Critical Eye, the peer-to-peer Board community.
John Onslow, CEO of IGF said ‘We are enjoying a strong phase of growth and are keen to maintain this trajectory. Our leadership team will benefit greatly from having access to John’s expertise. John has a wealth of knowledge and experience in the Private Equity space, a key growth area for IGF. His extensive experience makes him the perfect addition to our board.’