After 11 successful years in the role, Mr Elliott is stepping down from his current role for personal reasons, but will remain an active member of the Boards of HBH and Tysers, offering his considerable expertise on strategy and business development.

Mr Elliott will be succeeded as Interim CEO by Mr Christopher Spratt, the current Chairman of HBH and Tysers. Mr Spratt has worked for Tysers for over 40 years during which time he played an important part in developing the Group’s Marine portfolio before moving on to a more general role as Group Joint Managing Director. He has been Group Chairman since August 2007.

This planned transition will be effective from Monday 13th March 2017 and will have no impact on business continuity or business delivery for any of the Group’s clients.

Stuart Blakeborough, Group Chief Operating Officer said:

The search for Mr Elliott’s permanent replacement is already underway and a further announcement on the future senior management team at HBH and Tysers will be made in due course.

Christopher Spratt, Interim CEO and Group Chairman said:

The Board wish to place on record their sincere thanks to Chris for his many years of dedicated service as CEO of HBH and Tysers and we look forward to continuing to work with him as he assumes his new responsibilities on the Boards of HBH and Tysers.