“Mark has been a truly passionate and innovative leader," Ian Strang, Chairman of VG, said. "He has successfully re-focused our business on delivering excellence for our clients and cultivating a positive culture that differentiates us from our competition.

"On behalf of the Board and the entire team at VG, I want to thank Mark for his enormous commitment and dedication to building and leading our business. We look forward to continuing to work with Mark in his new role.”

Mr Hucker added: “I have been extremely fortunate to have worked with and grown such a great team of people. I look forward to continuing to be a supportive member of the executive team and to providing strategic advice to VG throughout the transition to a new MD.”