Robert Bower has been appointed as managing partner of Montagu Evans.
Bower, 47, currently heads the partnership’s professional services team and will start the new role from 1 April.
He takes over from Steve Thomas, who will remain as a partner with Montagu Evans’ rating department, working more closely with some of the firm’s key clients.
The appointment comes after the firm announced a 33% increase in pretax profit in the year to 31 March 2014, recording £19.3m, up from £14.5m the previous year.
Bower said Montagu Evans had benefited from “many of the most capable and experienced surveyors, disillusioned with the corporate world, moving to independent partnerships”.
Montagu Evans employs 265 people, 74 of whom are partners.
The firm’s average remuneration per member was £259,356 last year, up from £201,866 in 2013.
Bower has been at the firm for 20 years.
