Gareth Mostyn will step down as CEO of the Church Commissioners for England, London, after five years at the helm of the £10.4 billion ($13.9 billion) endowment.
Mostyn will leave early next year to focus on his nonexecutive career, including as nonexecutive director at an NHS foundation trust, a news release said.
The Church Commissioners will identify a successor through an open recruitment process, the release added.
"Under Gareth’s leadership, the Church Commissioners has managed its funds wisely and sustainably, allowing it to support parishes up and down the country, and helping to keep the Church of England at the heart of our national life,” Justin Welby, archbishop of Canterbury, said in the release. “His determined stewardship of the commissioners’ drive towards net zero and the Fund for Healing, Repair and Justice has meant that the church has made meaningful and practical strides in the pursuit of both climate and racial justice.”