Chartered Insurance Institute (CII) Group chief executive Alan Vallance has said will leave his role at the end of December, earlier than originally planned.
Vallance announced in October that he would leave the professional body in the spring of 2024.
He will take up an equivalent role at the Institute of Chartered Accountants in England and Wales (ICAEW).
Today (18 December), the CII has confirmed that he will now leave at the end of the month.
The group’s chief customer officer Gill White will become acting CEO.
A CII spokesperson said a management group, drawn from the existing executive leadership team and senior leadership team, will support White until the appointment of a new CEO.
Vallance was appointed as the CII’s new CEO in April last year to replace previous CEO Sian Fisher. He took up the role that August.
He was tasked with taking forward the CII board’s “refreshed strategy” and next five-year plan.
Before becoming CEO of the CII, Vallance spent seven years at RIBA (the Royal Institute of British Architects).
Here he put in place a transformation programme, which included a governance and constitution overhaul, staff restructure, property review, and investment in technology and international support.
The focus was to modernise the professional body and improve services and value for members.
Too soon he goeth… but lamented not;
To suits more grey… but less in dust;
CII richer under him… PFS left a lesser lot;
Bean counters may say… you are our fit;
But moving money here… watch out for audit!!