The AFA Group appoints a new MD

Manchester-headquartered AFA Group has appointed a new Group Managing Director, as Daniel Hunt (pictured above) is promoted from his role of MD of AFA Insolvency, a division of the AFA Group, to assume the more senior role of AFA Group Managing Director.

With over 30 years insolvency and financial services experience, Daniel since joining the group in April 2020 has made a significant contribution to the rapid expansion of the personal insolvency specialist AFA Insolvency, a key division within the business.

Daniel’s appointment also follows significant growth for the group, which closed the year (2023) with a highly impressive 87.5% uplift in value of sales, rising to a noteworthy £15 million, from £8 million in 2022.

As part of his newly expanded role, Daniel will now also oversee AFA Group’s accountancy and personal budgeting division Clear Start Accountants which offers accountancy services for sole traders and smaller firms provided by a team of qualified accountants, as well as its pioneering, tech-enabled, personal budgeting service for both business and private individuals.

Fiaz Ashraf, Founder and CEO of the AFA Group, commented: “AFA Insolvency has benefited greatly from Daniel’s analytical, strategic and organised approach. By appointing Daniel to the more senior Group role, he will be working very closely with myself to drive forward all trading divisions, both here in the UK and internationally.”

Daniel states: “I am delighted and honoured by at the opportunity afforded. Over the past four years, I have been involved indirectly with the other divisions within the group, and my appointment to Group MD will enable me to play a greater part on a more formal basis. 

The AFA Group has seen such monumental growth and I am looking forward to playing my part in its continued future success.”      

With an employee base of over 185 people, and operating from its state of the art, contemporary headquarters in Universal Square, Devonshire Street North, Manchester, as well as from its offices in Stockport and Canada, the AFA Group is the parent company of several high-growth businesses including AFA Insolvency and Clear Start Accountants. 

The group offers via its various divisions a suite of services to support individuals and companies with financial management – from monthly budgeting services and debt management, to general accountancy support.