Nick Parsons has stepped down as chief executive of Bravura Solutions and will depart on 22 August, to be replaced by Libby Roy.
Parsons had held the chief executive role since 2020 and worked at the firm since 2007 in a variety of roles.
Roy was currently a non-executive director at the firm and had over 20 years experience in financial services and technology firms including AMP and AXA. She joined from Optus Business where she was managing director.
Peter Mann, former chief executive of Skandia and also a Bravura non-exec, would take on the role in an interim capacity until Roy’s arrival. After this, he would be chairman for EMEA to help the firm’s growth in the region.
Roy said: “I would like to thank the outgoing CEO, Nick Parsons, for the work he has done in building the executive team and his contribution during his many years with Bravura. I am looking forward to using my experience to harness the tremendous opportunities Bravura has in its existing markets and globally.
"Bravura has been experiencing a transition in its markets and has been developing its offering accordingly. I am very excited to have been given the opportunity to capitalise on this."
Bravura chairman, Neil Broekhuizen, said: “I have every confidence that Libby will champion the needs of clients, employees and shareholders into the future. I am delighted that Libby has agreed to become our next CEO, having experienced her talent and contribution first-hand, I am sure she will contribute significantly to Bravura’s development, both internally and externally”.