New CEO appointed at Mutual Vision

4 January 2019

Mike Russell

After 5 successful years, George Webb is leaving his position of CEO at Mutual Vision and Operations Director Richard Wainwright is to become Interim CEO effective 2nd January 2019.

George joined MV with a keen focus on stabilising and then growing the business. During his tenure, George led MV through significant expansion with turnover raising from £1.5m to £3.2m, staff from 22 to 55 and the MV customers base growing to 23 from 11 back in 2013. In addition, key strategic milestones have been achieved with the expansion and refinement of the MV digital proposition via the launch of responsive online banking, intermediary portal and the strategic moves of rescuing QTS and acquisition of Podium CRM from Foretel.

Speaking about his decision to move on, George said: “My decision to resign was driven by a combination of the desire for a better work life balance and timing reasons. A clearer focus on family life is required at the start of 2019 and the timing seemed appropriate as the introduction of Richard Wainwright in September 2019 put an obvious successor in the business. Richard is an exceptional individual and the thought I could leave the business in the best of hands was a determining factor in my decision.”

Richard Wainwright brings with him 30 years’ experience gained from market leading organisations where he delivered IT solutions to a variety of industry sectors. Before MV, Richard held a number of director level positions including Operations Director and Product Director in organisations of a similar size to MV and most recently ran an Information services company on behalf of Boeing UK, delivering IT and digital transformation services to third party clients’ businesses.

His capabilities have been further proven through successfully rationalising IT estates, retiring and replacing legacy systems and digitising business processes using new technologies with a focus on mission-critical sectors where information security is essential.

Speaking of his new challenge Richard commented: “The journey George has taken MV on has been remarkable. He has transformed the organisation and grown it to become a progressive and secure partner of choice within the industry. I will do my utmost to continue with the advances made whilst committing to providing a solid platform from which MV can accelerate the delivery of innovative new products and services for the benefit of our current and future customers. I am very much looking forward to being part of an innovative organisation with an enviable digital and core offering with a strong determination for the future”.

Chairman for MV, Ashvin Pathak confirmed the change of lead at MV was ratified by the Board in November 2018 and that Richard takes up the new role from January 2nd 2019 with no interruption to MV’s service or performance.

Ashvin said: “George, with his team, have transformed MV into a significant and trusted partner to the sector. The board has been delighted with the progress made and see the platform he has created, resonating strongly with the mutuals. There is a great platform for Richard to build on and develop relationships and continue to provide products and services for the Societies to remain relevant and competitive. We wish George well and cannot argue with his desire to put family first. Fortunately over our time working together we have become good friends and he has agreed and would be delighted to provide guidance and support whenever that is required at MV.”

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