Nucleus Financial Platforms has promoted Mike Regan into the newly created role of Deputy CEO.
Regan, who joined Nucleus in 2022 as chief financial officer (CFO), currently acts as chief commercial officer (CCO).
He’ll retain his current responsibilities and as Deputy CEO, will provide support to CEO Richard Rowney in working with the executive team to lead the business and develop group strategy.
Nucleus said the creation of this role reflects its ambition and continued growth as one of the leaders in the sector.
Regan has played a key role in driving transformation since joining, including the acquisition and integration of Curtis Banks and, more recently, Third Financial.
He’s also led the commercial team in securing new client wins and driving better outcomes for customers, leading the group’s ongoing investment in proposition development.
Regan said: “The investment and transformation agenda for a group of our size requires a significant amount of leadership, while the changes in the market and adviser demands means we’re constantly adapting and evolving both our business and our proposition.
“I’m really looking forward to taking on the new challenge, working more closely with Richard and continuing to deliver for all our stakeholders.”
Rowney added: “As we grow and become more complex, promoting Mike to support me as Deputy CEO was the obvious choice.
“He’s an exceptional leader who has real commercial and strategic expertise that will help us drive the next phase of our growth, whilst remaining firmly focused on delivering the best possible service for advisers and their customers.”
