The Board of Funding Circle SME Income Fund Limited announced that with effect from 18 May 2017 Mr. Samir Desai is standing down as a non-executive, non-independent Director of the company to focus on his duties as CEO of the Funding Circle Group. He will be replaced in this position by Mr. Sachin Patel with immediate effect. Sachin Patel, Chief Capital Officer at Funding Circle, leads the Global Capital Markets group and is responsible for investor strategy. Previously, Sachin was Vice President in the cross-asset structured products and solutions businesses at Barclays Capital and, prior to this, at J.P. Morgan, advising a wide variety of investors including insurance companies, pension funds, discretionary asset managers and private banks.