Futuro Financial Services has announced the completion of a restructure of both the business and their executive team.
This has seen Dennis Bashford step aside as Managing Director and into the role of Executive Chairman. While these changes have been mooted for some time it has only been recently fully ratified.
Mr Bashford said Futuro has been looking to introduce a succession program that will see an orderly transfer of responsibilities and where everyone will be playing to their strengths. This has seen a significant restructure of both the business and the roles of the executives over the last 12 months. This largely entailed a redistribution of responsibilities throughout the management team. Mr Bashford said “It was important for us to be confident that everyone was capable and happy with their responsibilities and that their talents were maximised before making things permanent”. Mr Bashford went on to say that his business partner, Paul Kelly, who took over as managing director over 12 months ago, has despite the distractions caused by the implementation these changes, o done an extraordinary job over that period and has been instrumental in the success that Futuro is currently enjoying.
Paul Kelly, said that “Futuro is looking to exploit Dennis’s standing in the industry which will see his focus becoming much more strategic and considering that he has been in the industry since its inception we are keen to see his experience, contacts and knowledge being fully exploited. His change of role has already delivered significant value to Futuro and this will become patently manifest in the immediate future”.
Mr Bashford said he was more than delighted with the way the executive has stepped up to their expanded responsibilities. He also said that his retirement was not contemplated as he was thoroughly enjoying his changed role. In that, it required uninterrupted “think-time” which meant he now had a plausible excuse to spend more time on his yacht still add value to the business.
