Target Group, the operational transformation, business process servicing and software provider has announced that Ian Larkin steps down as CEO of the business at the end of the year. After five years at the helm, Ian has led Target through a huge transformation by doubling the business size, broadening its client base and overseeing the change of ownership to Tech Mahindra.

Catherine Rowe will join the business in November allowing for a period of working with Ian to ensure a smooth transition of roles and continuation of the strategy. Catherine has been working extensively in ITO & BPO, most recently leading Fujitsu in Europe, the Middle East, India and Africa as CEO in the telecoms business. Her experience includes being CEO of Unisys’ FCA regulated Life & Pensions BPO business. Her appointment is subject to FCA approval.

Vivek Agarwal, Chairman of Target Group said:

“I would like to thank Ian for the excellent leadership he has provided at Target Group and respect his decision to step down. He has been an instrumental figure in the continued success of Target Group and played a major role in helping it become part of the Tech Mahindra family. We wish him every success with his future. We are delighted to have someone of Catherine’s experience and calibre taking over and look forward to working with her to build on the strong and successful foundations already here at Target.”

Ian Larkin, CEO of Target Group said:

“It has been a privilege to lead Target Group and oversee its transformation. We have doubled in size since 2014 and are continuing to grow. This has been a difficult decision, but I have no doubt that the future is bright for the business having worked with such a strong leadership team and great employees for the past five years. I would like to thank my colleagues for their commitment and the Board for their guidance and challenge. I also want to thank our clients whose ambition has driven us to keep improving. Their success has brought me tremendous satisfaction.”

Catherine Rowe said:

“I am absolutely delighted to have been asked to lead Target Group. I know that the business, and Tech Mahindra, share my ambitions for it. We have an incredible opportunity to make an impact in the market by keeping our clients at the centre of our thinking and delighting them. I’m looking forward to getting started.”