Wisr (ASX:WZR) has made an announcement regarding a change in their upper management.

John Nantes, the current Chair of Wisr, has indicated his plans of not seeking re-election at the company’s ensuing Annual General Meeting (AGM).

As a result of Nantes' decision, Matthew Brown is expected to assume the position of Chair on a permanent basis.

Wisr is an Australia-based credit service that provides personal loan products and financial wellness apps.