EQ Group announced the appointment of Paul Lynam as Chief Executive Officer (CEO) with effect from 1st April 2021.

Lynam will succeed Guy Wakeley who has been in the role since 2014. Lynam joins from Secure Trust Bank where he has been Chief Executive since 2010.

Philip Yea, Chairman of EQ, said “I am very pleased that Paul has agreed to join EQ as Chief Executive. Prior to Secure Trust Bank Paul led a range of diverse businesses including Lombard asset finance and the SME banking business of NatWest in the UK”.

“The Board thanks Guy for his committed and ambitious leadership, especially through the unprecedented challenges of 2020, and we wish him every success in the future.”

Cheryl Millington, currently an independent non-executive Director at EQ, has assumed the role of interim Chief Executive until Paul takes up his role on 1 April.