Top 10 City PR consultancy Financial Dynamics has promoted MD Charles Watson to chief executive.
Twelve-year FD stalwart Watson replaces Nick Miles, who became chief executive of the recently-launched holding company, Business Communications International last November.
Miles said Watson will not be replaced in the role of MD.
Watson also joins the board of BCI - which was launched by FD parent company Cordiant Communications.
In addition, FD international managing director Hugh Morrison has been made BCI Group managing director. He will continue to head FD's international division. BCI comprises FD, New York-based IR specialist Morgen-Walke Associates and C&FD, a design firm focusing on corporate and financial markets.
On the BCI venture, Cordiant Communications Group chief executive Michael Bungey, said: 'BCI is a high margin, high growth enterprise, which delivers leading-edge solutions to clients worldwide.'
BCI was created to offer CEOs and board directors an international IR and corporate communications service.