"After 10 years at Tavistock, the last four as CEO of Ultimate, I will be focussing on my other responsibilities within the group. "
Ultimate Finance has appointed Josh Levy as its new chief executive officer.
He succeeds Ron Robson who has served as CEO since 2015.
Josh, a serving board member of Ultimate Finance, has been working alongside Ron and the leadership team over the last year on the firm's growth strategy and now takes on its day-to-day leadership.
Beginning his career in the investment banking division of Investec Bank, Josh has worked at Tavistock Group since 2016 and is on the board at Mitchells & Butlers.
Josh said: “It is a privilege to succeed Ron and to now drive the delivery of the Ultimate Finance strategy. The continued progress of the business is a testament to Ron’s leadership and the wider company. I’ve been able to spend a lot of time with Ron and the executive team over the last year. The strategy and priorities remain the same. I am focused on us continuing to provide good funding and supporting our customers navigate the challenges they face.”
Ron Robson added: “I am delighted for Josh as he replaces me as CEO. We have worked closely together in the last year, and we’ve had a record year, growing our loan book and providing more than £1.4bn to UK SMEs in 2018. While I am concluding my tenure, at Ultimate Finance, I am pleased to be staying within the Tavistock Group. After 10 years at Tavistock, the last four as CEO of Ultimate, I will be focussing on my other responsibilities within the group. Josh is ideally placed to take over as CEO from here on and drive the business to the next level.”