OneFamily has appointed Steve Colsell as chairman, succeeding Christina McComb who will step down at the firm’s annual general meeting in June.
McComb served on the board of Engage Mutual from 2005 and was appointed chairwoman in 2015 after Engage Mutual merged with Family Investments to become OneFamily.
The firm said McComb was instrumental in bringing the two organisations together to create the single business.
During her time as chairwoman, McComb led the mutual as it underwent a modernisation programme aimed at growing the business, driving efficiencies and improving customer experience.
Colsell was appointed to the board in 2016, currently chairing the risk committee and will take on the role subject to regulatory approval.
Commenting on her departure, McComb said: “I’m honoured to have been the chair through a time of great change for the business and am proud that I am leaving OneFamily in strong financial shape and in a position where it has a clear sense of its social purpose and an exciting future ahead.
“Having worked closely with Steve over the last six years, I know he has the drive and determination to take OneFamily to the next level of success.”
Colsell added: “I want to thank Christina for her energy, direction and tireless dedication to OneFamily. She is an inspirational person to follow and I am looking forward to continuing to work with the team to build on her legacy.
“It is a privilege to be appointed as the chair of OneFamily. The business will retain its focus on long term sustainability and creating and protecting value for our members, alongside keeping social responsibility, diversity and inclusion right at its heart.”