The chief executive of British Friendly Mark Myers will stand down next year.
Mr Myers will have spent seven years heading up the business after joining from LV back in 2010 where he worked as distribution director and partnership director.
Prior to this he spent more than 20 years with Lloyds Bank, where he served as retail sales director.
A spokesman for British Friendly said the search for his successor is “underway”, with an announcement expected before the end of this year.
Mr Myers said seven years is a “long time” as chief executive, adding he was pleased to be leaving British Friendly in a strong position with new business running at triple the levels of 2015.
He said the company will continue to enhance the value provided to members.
Mr Myers will be looking to take on non-executive roles at other companies from next year.
Peter Le Beau, chairman of the Income Protection Task Force, said: “Mark has been a passionate advocate of income protection and a stalwart of the market for many years,” pointing out the company’s Protect product has been “central” to the growth and success of British Friendly.
“Mark’s support of the Seven Families campaign was also a great boost to the project and he has created a real legacy that everyone in protection should work hard to continue building upon.”
katherine.denham@ft.com
