MARK Davies has stepped down from the board of RateSetter after more than six years.
Davies, who was part of the founding management team at e-gaming company Betfair, joined the board of the peer-to-peer lender as a non-executive director in November 2011 – just 13 months after the company’s launch.
His appointment was terminated on 21 March 2018, according to a Companies House document filed on Thursday.
A RateSetter spokesperson told Peer2Peer Finance News that Davies had stepped down to focus on other things.
Davies recently had a heart attack, which he has written about on his personal blog.
Earlier this week he was announced as the new chair of British Rowing, the sport’s governing body, effective from 1 April 2018.
He has backed more than forty early-stage businesses, including online property investment firm Property Partner and San Francisco-based mobile payments platform Boku.