Mark Fry has been appointed to the newly created role of group CEO at Begbies Traynor Group plc.

Fry is currently an executive director and head of restructuring and advisory services at the financial and real estate advisory firm.

Ric Traynor remains as executive chairman and Nick Taylor will continue to perform the role of group CFO at the company, which is creating a new management board following a decade of growth.

The management board will include two managing partners: Julian Pitts, who takes over restructuring services from Fry, and Anthony Spencer (real estate advisory).