Foster was a founder shareholder, asset management editor and associate editor at Financial News. Prior to setting up the title, he worked for six years in the Evening Standard’s City team.
At Montfort, Foster will join a fast-growing specialist group which focuses on asset management, private equity and global international financial services.
Gay Collins, founding partner at Montfort, said: “We have already put together an outstanding senior team from the pick of the London consultancies and Mike’s arrival will signal the arrival of a new wave of talented recruits who will make a real impact in a changing sector.”
Foster added: ”I have known the Montfort founders for decades and we share the same view about how to make a difference. I am intrigued and excited at the prospect of sitting down – on the same side of the table – with leaders of the companies and individuals I have analysed and written about over the years. I look forward to sharing their ambitions, pre-occupations and frustrations and getting them to the place where they need to be.”
Nick Miles, co-founder at Montfort, commented: “Immersed in detail, insightful and always inspirational, Mike really is a doyen in the sector. His move to consultancy will allow industry players to access that experience and his ‘tell it like it is’ opinions will carry real resonance.”