Mark Dearsley, Savills group finance director, is leaving the company to join Partnership Assurance, the Cinven-owned specialist annuity provider.

Savills said that Dearsley would not leave the Board or the company until 13 February 2009 and that it has begun searching for his replacement.

Jeremy Helsby, Savills CEO, said: ‘We wish Mark every success in his new position. He has provided the Board of Savills and the business with excellent financial leadership, improved systems and processes, and leaves us in a strong financial position and well placed to take advantage of future growth opportunities.’

Dearsley said: ‘It has been a privilege to serve on the Savills Board and to work alongside Jeremy and the rest of the executive team. I remain committed to the Company's success while completing a smooth handover of my responsibilities.'