Former Executive Board Member of the European Central Bank joins Funding Circle

Today we’re very pleased to announce the appointment of Jörg Asmussen to the Funding Circle board.

Jörg, a German economist and policy-maker has held a number of high-profile positions, most recently as State Secretary at the German Ministry of Labour and Social Affairs, Executive Board Member of the European Central Bank (ECB) and State Secretary at the German Ministry of Finance. We are extremely excited to be welcoming Jörg to the team.

Our ambition at Funding Circle is to build a global exchange where any investor, big or small, can lend to small businesses. Jörg’s experience and expertise will be very useful as we grow across the UK, US and Europe.

Commenting on joining the team, Jörg said: “I am pleased to join Funding Circle’s Board. The company operates at the frontier of innovation in financial services, providing business loans to small businesses in a transparent, easy to access and efficient manner, thereby helping to finance growth and create jobs. I am impressed by the high professionalism of the management team of Funding Circle and the soundness of the company’s operations throughout the whole value chain, providing a financially sound alternative for investors.”

Investors at Funding Circle continue to play a very important role in helping to rewire the financial services ecosystem by lending directly to thousands of businesses, helping them to grow. To date, you have helped to lend more than £1 billion to 13,000 businesses in the UK alone, creating an estimated 50,000 jobs.

The announcement marks another important step for Funding Circle, and you can read the full press release hereWe’re also talking about today’s news on our forum.

The Funding Circle team

Natasha

Head of Corporate Communications