Rob Foulston has stepped down from his role as chief executive of the RMI.
He said: "After two years at the RMI, having achieved the objective I was given of putting the RMI back into profit, I am now stepping down as chief executive to pursue my other business interests, particularly Remit.
"The RMI 2010 results are excellent; sales are up, membership is up, costs are down and strong foundations have been laid for the future.
" If these foundations continue to be built upon, together with the new initiatives that have been put in place, the RMI will continue to thrive. I wish to thank my teams at the RMI and Remit for all their hard work and commitment and wish the RMI and all of its associations the best of luck."
Currently a new strategy/structure is being developed.
In the interim, responsibilities are being taken on by Kevin Waterman, Sue Robinson and Stuart James.