Come December 12, insurance broker
Lycetts will have a new chief executive, as well as deputy chairman.
Current CEO Angus Keate, who is moving on to the role of deputy chairman, will be replaced by Charles Foster (pictured). A Lycetts veteran, the incoming chief has been with the financial services provider since 1991 and was involved with the firm’s first acquisition in 2003.
“I am honoured to be afforded this great opportunity to take Lycetts forward from a position of strength and an unrivalled reputation for customer service and care,” said Foster, who heads the rural division and has been part of the Lycetts board since 2013. “I look forward to working together with Lycetts’ dynamic team of highly skilled professionals to cement this reputation as we set our sights on further growth.”
Lycetts chairman Mark Hews described Foster as having a proven track record, an exceptional industry reputation, and a great appreciation and regard for Lycetts’ heritage.
“His leadership abilities will help maximise the potential of our people and business as we look to the future and build on our success in delivering specialist, trusted advice to clients,” commented Hews. “I am delighted to welcome him as our new chief executive.”
Meanwhile the chairman thanked Keate for his time leading Lycetts and credited him for driving the business forward.
“As deputy chairman, we are very pleased that the board will continue to benefit from his considerable support and expertise as we look to accelerate the strategic ambitions of the company,” added Hews.
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