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By Lars Mucklejohn Samir Desai, the co-founder and former chief executive of small business lender Funding Circle, has said he will step down from the company’s board next month. Desai, who established the firm in 2010, said he would step down on 25 October after the end of his three-year term as a non-executive director. He took on that role after ending his tenure as chief executive in 2021, being succeeded by Lisa Jacobs. Desai said he would remain a shareholder in the company. “As I come to the end of my three-year term, I am completing the transition and stepping down from the board,” Des…

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