King will leave after three years in the role, during which time More 2 Life has built its share of the equity release market to more than 10%.
Owner KRS Group said that it was looking to boost growth following Phoenix Equity Partners’ decision to take a majority stake in the business.
Jon King (pictured) said: “More 2 Life is firmly established as one of the biggest equity release lenders and now is the right time for me to move on. I have enjoyed helping deliver the success we have had as part of Key Group and I am confident that will continue.”
Colin Taylor, chief executive of Key Retirement Solutions said: “Jon has been invaluable in building more 2 life into a major lender in the equity release market and leaves with our best wishes as we continue to build KRS into the trusted brand for the over 55s.”
