TheCityUK is delighted to announce the appointment of Miles Celic as its new Chief Executive. Miles will succeed Chris Cummings later this year – a date will be confirmed shortly.

Miles joins the organisation at a critical juncture for the UK-based financial and related professional services industry as the UK seeks to retain its position as the pre-eminent international financial centre, particularly in the light of the recent EU Referendum vote. He will be responsible for leading the business to advance the interests of the industry in the UK, across Europe and globally, working with TheCityUK Board and its Chairman, John McFarlane.

Miles Celic said,

I am excited about the prospect of leading an organisation that has established such a strong reputation within our industry and with policymakers in the UK and overseas. The financial and related professional services industry is a national asset – the country’s largest tax payer, a major national employer and fundamental to a strong economy – and ensuring its continued success will remain the core priority for TheCityUK. Chris has done a terrific job in leading the business since its inception and I look forward to the challenge of ensuring its continued success on the next phase of its journey.

John McFarlane commented,

We have had great interest in this role from across the industry and beyond and I am confident that Miles is a great person to take the helm from Chris. He already has a good understanding of the organisation and has some great ideas about how to further its success. Our industry is increasingly global and competition from other markets is growing. There is much to be done to secure its future growth and I look forward to working with Miles to get that job done.

Miles Celic is currently Strategic Communications Director for the Prudential.

Miles’ appointment follows a search conducted by Odgers Berndston and led by TheCityUK’s Nominations Committee, comprising members of the Board and Advisory Council and chaired by John McFarlane.