Stephen Kavanagh has been appointed chief executive of AWD Chase de Vere with immediate effect.
His appointment comes after Mike Kirsch's departure in March and is part of a restructuring of the sales division which also sees Phil Andrews - former regional sales director - appointed national sales manager.
Kavanagh was previously national sales director at the firm and member of the executive board. Martyn Laverick, marketing director, says the internal promotion was a logical choice.
"Our German shareholders ran the process and were aware of our desire for an internal appointment to provide for continuity," he says. "He was a key candidate and Stephen has been a key driver of our recent growth."
Laverick says the restructuring of the sales division was done to ensure the board keeps well integrated with the business. Kavanagh will retain some sales functions.
"Stephen will have overall responsibility and will be helped in national sales by Phil Andrews who will do the ground work and provide assistance," he adds.
Kavanagh began his career in financial services in 1985 with Bank of Scotland, where he earned his professional qualifications and progressed to work as a private client portfolio manager.
He pursued this role with TSB before moving to Allied Irish Bank in 1992 to work as an independent financial adviser. In 1997 Kavanagh joined Thomsons Financial Planning and advanced to become a Regional Sales Director (North) and then to become the National Sales Director for AWD Group Plc in April 2006.
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on
And 94% for critical illness