Duncan Kreeger of West One Loans is leaving the business that he co-founded.

Kreeger (pictured) said it had always been his intention to step away from the business following West One’s integration with the Enra Group in 2014.

“Now is the right time to complete this transition, and for me to step down and focus on my wider business interests,” he said.

“I would like to thank all the people at West One for their hard work and contribution to the development of the business over the years.”

Danny Waters, chief executive of Enra Group, which owns master broker Enterprise Finance as well as West One said: “Duncan has made an enormous contribution to West One, not only in its creation, but also in helping successfully integrate the West One business into the Group over the last two years. In that time, West One has grown exponentially, with the Group’s loan book now exceeding £350M, and we have strengthened the management through integration with the Group and strategic hires.

“With West One well-placed for the future, Duncan now feels that the time is right to focus on other interests. On behalf of the business, I’d like to thank him for all the work he’s done, and we wish him well as he looks towards new business opportunities in other sectors.”