The CEO of CPP Group will step down from the company’s board at the end of the month.

The listed provider of disruptive assistance and insurance products said Jason Walsh, who had been in the role for six years and given 20 years of service to the group, had guided it to a financially stable position.

“Jason became chief executive officer of CPP Group in 2016 following several years of regulatory and financial tribulations,” said chairman David Morrison.

“In the last six years, he has guided the group to a point where it is financially stable, and where the potential for growth is enhanced.

“During his tenure, our businesses in India and Turkey, in particular, have enjoyed notable success and steps have been taken to position the group’s product portfolio for the digital age.”

Simon Pyper, the current chief financial officer, will replace him, while another internal promotion will see David Bowling become CFO.

Walsh said: “I am very proud to have led the team that has helped make CPP Group the success it is today and to have transformed the business to enable it to take advantage of future opportunities. 

“I wish the new management team the best as they seek to capitalise on the good progress made over the last few years. 

“I remain a strong advocate of the company and look forward to following its progress over the coming years.”