Finance veteran calls time on career

A commercial finance firm is preparing for its next chapter following the retirement of a “transformational” industry figure.

John Onslow, chief executive of Redhill-headquartered Independent Growth Finance (IGF), has announced his retirement after more than four decades in asset-based and commercial lending. 

Since re-establishing IGF in its current form nine years ago, John has grown its lending portfolio from £17 million to over £600 million. 

He 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. 

“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.”

John’s exit follows a period of internal leadership promotions that support the company’s future ambitions. 

He has been succeeded as chief executive by Steve Chait, who added: “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.”

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