Barry Kayes, current chairman of the Tenet Group, is retiring after more than ten years in his post.
Having moved from Friends Provident in 1996 to take the non-executive-chair role of M&E Network - when it had just 250 RI members - Kayes says “rather than do a Tony Blair” and outstay his welcome, he is announcing his intention to step down to retire now as he feels the company is in a good position, having grown to over 5,500 RIs.
“It’s great to move on from a job well done and to do so at the right time, knowing you are leaving things in great shape,” says Kayes.
“I’ve decided to retire now, well before time and leaving them gasping for more, rather than do a Tony Blair”.
Kayes currently holds positions on the CII’s faculty of life and pensions advisory board as well as being a member of the Aifa and Ami boards.
He says retiring from the chairmanship should allow to become “more active in other industry activities which he has previously not had sufficient time to pursue”.
Keith Richardson, group distribution and development director at Tenet, says an announcement of the new chairman “very soon” but it is anticipated members will be informed over the new appointment over the next week.
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