Opera builds on strong foundations as Kim Sgarlata steps down

Following the successful delivery of the initial acquisition ambitions of Project Overture, Opera's five-year growth and transformation strategy, Kim Sgarlata has decided to step down as Group CEO.

Since joining in September 2023, Kim has played a pivotal role in shaping Opera and bringing together a portfolio of specialist financial services businesses. Under her leadership, Opera has exceeded its initial acquisition ambitions, delivering the programme considerably ahead of schedule.

Stephen Lansdown CBE, Opera's majority shareholder, expressed his appreciation for Kim's contribution.

"Kim joined Opera to deliver Project Overture and, whilst I am sad to see Kim leave, I am incredibly proud of what she has achieved during her time with us and deeply grateful for the dedication she has shown to the business."

Beyond the acquisition programme, Kim's drive, determination and commitment have helped establish strong foundations for Opera's future. Her contribution has made a lasting impact on the business, its people and the direction of the Group.

As Opera moves forward, Matt Westgarth-Smith will assume the role of Interim Group CEO, alongside Xavier Isaac as Interim ExCo Chair. Both bring considerable industry experience and a strong understanding of the Group's businesses and clients, providing continuity and stability as Opera progresses its strategy.

With strong foundations in place, Opera remains focused on its long-term ambitions, strengthening collaboration across its portfolio businesses, investing in its people and capabilities and continuing to build a connected, client-centred and values-led financial services group.