Former Kent, Middlesex and England wicketkeeper Paul Downton has been appointed to succeed Hugh Morris as the managing director of the England and Wales Cricket Board.
The 56-year-old, who became a stockbroker following his retirement in 1991, will take up the role with the ECB on February 1.
"I am honoured to have been offered this position and the trust which the ECB has placed in me to lead our national teams," Downton said in an official statement.
"Since retiring from the game I have taken a close interest in both county and international cricket and I am excited by the challenge of building on the success which England teams have enjoyed at all levels in recent years."
Morris, 49, announced in August that he would be stepping down in order to join Glamorgan as director of cricket.
The former batsman joined the ECB in 1997.
Paul Downton named new ECB managing director
Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole
content continues after the advert