Decision comes a week after Niall Wass, who replaced Damelin as chief executive, quit role
A founder of the payday lender Wonga, Errol Damelin, has quit as a director of the company, just seven months after stepping down as chief executive.
His decision to go leaves the UK’s biggest payday lender without a permanent chief executive or chairman, as the industry is poised to enter a period of tighter regulation.
Continue reading…