Martin Brookes will be stepping down from his role as chief executive of New Philanthropy Capital in September, to return to the financial services sector.

Brookes has been with the charity think tank and consultancy for ten years, starting as a researcher before moving to a head of research role then being appointed as chief executive in 2008.

Brookes said that while he will be sad to leave NPC, he feels that now is the time for a change and he is looking forward to getting back to his roots as an economist.

He commented: "I am very proud of NPC and what it has already achieved in its first ten years. I know it will go on to do so much more in the future, helping charities have an even greater impact on people’s lives. Although it is time for me to move on to a new challenge, I will remain an ardent supporter and fan of NPC.

"I think that charities and commerce have a lot to learn from each other. I have long believed that it should be commonplace for people to leave charities and join the commercial sector, and vice versa," said Brookes.

Peter Wheeler, chair of NPC’s trustee board, said: "Martin has done an outstanding job in taking NPC to where it is today. He has been an impressive thought leader in relation to NPC's mission and a first class manager of the very talented and committed NPC team. We wish him every success in the next phase of his career."

NPC’s board has appointed the executive recruitment firm, Attenti, to lead the search for Brookes’ successor.

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