The Capita Symonds name will disappear with the firm now known as Capita’s property and infrastructure business.

Richard Marchant has been confirmed as chief executive of Capita’s property and infrastructure business.

Marchant has been in the role, in an interim capacity, since February 2013.

In 2002, he became managing director for Capita property consultancy, which became Capita Symonds after acquiring Symonds Group in 2004, where he increased the business from 1,500 employees and a turnover of £95m to 3,700 employees and a turnover of £210m by mid 2006.

Andy Parker, Capita plc deputy chief executive and joint chief operating officer, said: “Since his appointment in February, Richard has achieved significant improvements across the business including a new executive board at Capita property and infrastructure.

“I am delighted that he has agreed to take on the chief executive role on a permanent basis and expect the business to continue to grow and strengthen under his leadership.”