Andrews Property Group has revealed a senior management shake up.

A statement late yesterday said David Powell would “transition to the role of Chief Executive Officer” after being credited with a major part in the group’s financial turnaround.

He has 26 years’ experience within the industry, and was behind “strategic acquisitions including new partnerships and the latest acquisition of HomeLets Bath.”

Simon Cheetham will move to the newly created role of Chief Purpose Officer and join the board. He will “spearhead strategy development, drive digital innovation, and ensure that Andrews Property Group’s unique heritage and charitable ownership model resonates throughout the team and customer experience.” 

The statement said he was key to “improving the groups culture, leading to a significant improvement in the company’s recent employee survey results and lower attrition.”

Jonathan Poole will become Chief Financial Officer, responsible for maintaining the group’s financial performance and ensuring continued alignment between the property business and charitable trust “to ensure cohesive operations.”

James Taylor – chair of the group’s board – adds: “This restructure will support our upcoming five-year strategic planning process whilst also allowing the business to continue to thrive. 

“Over the course of the year we will be further developing our plans to build on our recent financial turnaround and the Board is confident that this refined leadership team will lead the development and implementation of a strategy that will define Andrews Property Group’s trajectory for the next half-decade.”

Last week Andrews announced what it describes as “a £1.9m shift in profitability.”