He has been replaced by Cengiz Somay who joined the group last year as Group Managing Director of Operations.
Declan Kenny, the current Executive Chairman, will remain a key member of the leadership team as Group Executive Director with a primary focus on the organisation’s expansion into Asia and its leisure division.
Mr Jubb – whose career has been largely centred within the mergers and acquisitions industry, joined First Names Group – in July 2012. He will be responsible for corporate development and the group’s strategy.
Mr Somay will oversee the day-to-day management and leadership of the business, incorporating its key service lines: private client, corporate, funds and leisure services. He has enjoyed a very successful career in financial services and since arriving in Jersey in 2005, he has held leadership roles in Europe, the Middle East, Africa and Asia for a number of international professional services providers, including State Street and Standard Bank.
Mr Jubb said: “I have been really impressed with Cengiz since he joined us. He has a real passion for the Group and its people. He is a very talented businessman and I have every confidence he will take on this role with his usual calm approach, which has made him so well liked already. He really is a pleasure to work with and I could not think of anyone who is more suited to lead the Group as it harnesses the advantages offered by its expanded network to ensure strength in depth and long-term prosperity.”