# Growth Street, the SME finance platform, announces that founder Greg Carter has replaced James Sherwin-Smith as Chief Executive Officer
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-04-04
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Growth Street Achieves Major Milestones in 2016
Meta Description: Exciting news from Growth Street as they hit major lending milestone and announce Greg Carter's appointment as Chief Risk Officer. Find out more here!
URL: https://financedigest.com/growth-street-the-sme-finance-platform-announces-that-founder-greg-carter-has-replaced-james-sherwin-smith-as-chief-executive-officerhtml

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2016 was a stellar year for Growth Street, which saw it reach a number of important milestones, including gaining Appointed Representative status, welcoming over 500 investors to its marketplace following a successful launch in November, and building on its significant business borrower growth. The company has now matched over £54m on its innovative lending exchange to date.

The appointment of Greg Carter – who has been Growth Street’s Chief Risk Officer since its launch – represents a return to the company’s original founder. Greg founded Growth Street while working at Arts Alliance, the venture capital investors in Graze, Shazam and Lovefilm, before [appointing James as CEO](https://www.financedigest.com/cavai-appoints-mats-persson-as-ceo.html "Cavai appoints Mats Persson as CEO") to launch the company in 2015.

Commenting on the change, Greg said: “I would like to thank James for all the hard work he put in over the last two years in [growing Growth](https://www.financedigest.com/growing-up-milk-market-globally-expected-to-drive-growth-through-2021-2031.html "Growing Up Milk Market Globally Expected to Drive Growth through 2021-2031") Street. We would not be where we are now without his diligent and expert leadership. The whole Growth Street family is incredibly excited for the [year ahead](https://www.financedigest.com/putin-speech-sends-sterling-to-fresh-37-year-low-ahead-of-fed-boe-meetings.html "Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings") and I look forward to building on James’ fantastic work.”

James Sherwin-Smith commented: “It has been a pleasure building the [Growth Street business](https://www.financedigest.com/euro-zone-business-growth-slowed-in-may-as-factories-struggled-pmi.html "Euro zone business growth slowed in May as factories struggled-PMI") over the past eighteen months. I wish Greg and the team the best of luck for the [future and will watch Growth Street’s developments](https://www.financedigest.com/fish-protein-market-exploring-future-growth-2021-2031-opportunities-development.html "Fish Protein Market Exploring Future Growth 2021-2031 | Opportunities & Development") with interest”.


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