The R&A has announced the appointment of Martin Slumbers as chief executive and secretary of the Royal and Ancient Golf Club of St Andrews, with effect from October 1, 2015.
Mr Slumbers will succeed Peter Dawson, who is retiring in September 2015 after 16 years leading the body which organises The Open Championship and governs golf worldwide, jointly administering the sport with the USGA.
He will join the R&A in March 2015 as chief executive designate, spending six months working with Mr Dawson.
Mr Slumbers (54) qualified as a chartered accountant with Price Waterhouse in London before embarking on a career in investment banking, working for Salomon Brothers International in London and Hong Kong, becoming chief financial officer in Asia and then Europe, before joining Deutsche Bank and serving in a number of senior executive roles.
He is a keen golfer and a member of Worplesdon Golf Club in Surrey where he plays to a handicap of two. He is married with two sons.
Mr Slumbers said: “The R&A is one of the most influential bodies in world sport and I am delighted to be taking up this position. Golf has always been close to my heart and I am very much looking forward to living and working in St Andrews. I am honoured to be appointed to lead the R&A and to serve such a prestigious club.”