A well known North East dealmaker has taken over as the new chief executive of regional fund management firm NEL Fund Managers.
Jonathan Luke has served as the Newcastle-based firm’s portfolio director for the last four years and was promoted to deputy chief executive earlier this year as part of the company’s succession plans.
His appointment comes as Dr Yvonne Gale steps down from as CEO, having been at the helm of the financial organisation since 2015. Dr Gale, will be working alongside Mr Luke over the coming months to help complete a smooth transition before taking up a non-executive director role with NEL.