IGF Executive Director announces retirement

Asset Based Lending (ABL) and commercial lending specialist IGF has announced that it’s Executive Director, John Onslow has announced his steps into retirement after nine years of leadership.

Since founding IGF in its current guise, Onslow has been instrumental in driving the business forward. Under his leadership, IGF has grown its lending portfolio from approximately £17m in 2016 to providing facilities of more than £600m today. He leaves behind a strong, dynamic business that is well-positioned for continued success, thanks to a clear strategy, a talented team, and recent leadership promotions.

Onslow is a long-standing member of the UK financial services industry; most of that time has been spent in the ABL industry. During John’s impressive career he has held roles including Chairman of ABFA (The Asset Based Finance Association), CEO and co-founder of Centric Commercial Finance, COO of GE Commercial Finance and Deputy Group MD of NMB-Heller.

John Onslow, Executive Director at IGF said “It has been a privilege to be part of IGF and to build this business alongside an exceptional team. I am immensely proud of what we have achieved together. I step away knowing that IGF is in fantastic shape and in the best possible hands led by Steve Chait; with a fantastic team of people; financially strong; well-positioned for continued growth; and backed, crucially, by supportive shareholders. Recent leadership promotions further reinforce our ability to seize new opportunities and continue delivering success. I want to extend my deepest gratitude to everyone who has been part of this and my career journey—colleagues, clients, and partners alike. While I may be stepping back from day-to-day operations, I will always be a champion of IGF and look forward to seeing its continued success.”

Steve Chait, CEO at IGF, said “John’s leadership has been truly transformational for IGF. His vision, strategic direction, and ability to build and inspire a talented team have been fundamental to our growth and success.

Beyond the numbers, John has instilled a culture of excellence, collaboration, and ambition that will continue to shape IGF long into the future. He has been a mentor to many and a driving force behind everything IGF has achieved.

On behalf of the entire team, I want to thank John for his outstanding leadership and unwavering commitment to the business. We wish him the very best in this next chapter—he will always be part of the IGF family.”

John Hudson, Shareholder and Managing Partner at Spring Ventures said “We were delighted to have the opportunity to support John in the MBO of IGF, which had benefited from his experience founding and growing asset-based lending businesses. His strategic leadership and unmatched instinct for lending in this sector has continued to impress throughout our time together. He leaves the business in great shape to continue its growth path under Steve Chait’s leadership.”