Man credited with turning around organisation to become boss of Chartered Insurance Institute
RIBA chief executive Alan Vallance will be stepping down in July after six years in the role, the organisation has announced.
Vallance, who has held the position since February 2016, is leaving to become the new chief executive of the Chartered Insurance Institute.
He has presided over a transformation at RIBA which has seen the body recover from a dire financial position at the beginning of his tenure.
Vallance oversaw the agreement of a joint venture and then sale of RIBA鈥檚 commercial arm, RIBA Enterprises/NBS, one of the biggest transactions in its history.
He will officially leave his role on 31 July. A process to recruit his successor is already underway.
Chair of the RIBA Board of Trustees Jack Pringle said: 鈥淥n behalf of the RIBA Board, our members and staff team, I would like to thank Alan for his hard work over the last six years and wish him every success in his new role.
鈥淔rom Brexit to the Covid pandemic, Alan has helped the organisation and our members navigate some incredibly challenging operating conditions.
鈥淭his is an exciting time of change for the RIBA. We have the foundations in place for a much more effective organisation, and we look forward to recruiting Alan鈥檚 successor to help us further embed our transformation and deliver on our ambitious goals.鈥�
Vallance added: 鈥淎fter six great years it has been a difficult decision to move on from an organisation and team I care so much about, but it is the right time for the RIBA and for myself to take this step.
鈥淚t has been a privilege and honour to represent this world-class organisation and profession at the highest levels, globally.
鈥淢y sincere thanks to everyone who I have had the pleasure of working with.
鈥淭he RIBA is an incredible organisation 鈥� a force for good thanks to its impressive network of trustees, volunteers, partners and exceptional staff 鈥� and I am proud of our many collective achievements during my time at the helm.鈥�
Former president Ben Derbyshire said RIBA had become leaner, more focused and relevant following a transformation that 鈥渨ould not have been possible without the foundations [Vallance] helped set down鈥�.
鈥淣ot everyone has the sea-legs to weather tumultuous change but I鈥檇 say Alan has brought the ship home鈥�, Derbyshire said, adding that Vallance had 鈥渁 cool head, an eye for detail and experience of major transactions鈥�.
Vallance also sat on several panels including the Professional Business Services Council, the Creative Industries Council and the Creative Industries Trade and Investment Board.
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