Dr Ted Bianco, currently Director of Technology Transfer at the Wellcome Trust, is to be appointed Acting Director of the Trust following the departure of Sir Mark Walport on 14 March.
Dr Bianco, who has worked at the Trust since 1999, will lead the executive team until a permanent appointment is made. Recruitment of a new director is at an advanced stage.
Dr Bianco will continue to manage the Technology Transfer Division. Sir Mark is leaving the Trust after ten years to take up the position of Government Chief Scientific Adviser.
Sir William Castell, Chairman of the Wellcome Trust, said: "Ted Bianco is passionate about the Wellcome Trust's vision of driving extraordinary improvements in human and animal health, which his work in our Technology Transfer Division has done so much to achieve. I am delighted that he will lead our outstanding executive team until Sir Mark Walport's successor can start."