Search begins for successor

Kelly to leave as chief executive of Scottish Financial Enterprise

Owen KellyScottish Financial Enterprise chief executive Owen Kelly is to leave the post, prompting an immediate search for a successor.

Mr Kelly has held the role at the group since January 2008 and witnessed the effects on the sector of the financial crash and its aftermath.

Recruitment consultancy FWB Park Brown has been hired to find his replacement. The process is expected to take six to eight months.

A spokesman for SFE said Mr Kelly was considering a number of opportunities that he wanted to explore.

SFE Chairman Sir Ewan Brown said in a statement: “Owen Kelly has been an outstanding chief executive and has served SFE members and the wider financial services community in Scotland well for over seven years.

“As the longest ever serving chief executive of SFE, he has brought tremendous insight and knowledge of the workings of governments, politics and the wider public sector, both throughout the UK and internationally, to the job of representing our industry.

“He has been instrumental in linking the two worlds together where necessary and promoting collaboration and understanding for the benefit of the industry. The respect with which Owen’s views and advice are held throughout the financial services community in Scotland, the UK and Europe, is testament to his dedication to the job and the sound judgement he has applied throughout his tenure.

“We wish Owen well for the future and begin what will be a very challenging job to replace him.”

Mr Kelly said: “It is a privilege to work with so many world-class member companies and with so many fine colleagues at SFE. In the time that remains to me in this role, I look forward to continuing our work on SFE’s priorities and to supporting the board in their search for my successor.

SFE’s member companies include banks, general insurance, life insurance, pensions, investment management, asset servicing, professional services, wealth management and business services.

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