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People moves news

First Names Group in management reshuffle


13 January 2015 Jersey
Reporter: Becky Butcher

Generic business image for news article
Image: Shutterstock
First Names Group has appointed Cengiz Somay as group CEO.

Current CEO Morgan Jubb will take on the role of group executive chairman with immediate effect.

These changes reflect the needs of the business, which is concluding an intensive period of acquisitions and structural change, according to First Names.

The firm is now turning its attention to consolidating its position and continuing to drive its organic growth strategy.

Somay originally joined the firm in June 2014 as group managing director of operations.

In his new role, he will oversee the day-to-day management and leadership of the business, incorporating its key service lines, which include private client, corporate, funds and leisure services.

Somay said: “It is certainly a very exciting time for me to take over the reins and I am very much looking forward to ensuring that the group continues to progress and flourish.”
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