Leicestershire have announced that chief executive Wasim Khan MBE is set to take up the position of managing director of the Pakistan Cricket Board (PCB).

Khan is expected to start his new role in early February 2019 after four years with the county, with the Foxes saying the club has made “significant progress” during his reign.

The 47-year-old oversaw three consecutive years of net profit from 2015 to 2018, as well as the installation of floodlights at Grace Road.

“It is with sadness that I am bringing my time with Leicestershire CCC to an end,” he said. “However, this is an extremely exciting opportunity to lead Pakistan Cricket in the international game. It is something that I couldn’t turn down.”

Leicestershire chairman Paul Haywood said: “We would like to wish Wasim all of the best for the future in his new and challenging role.”

PCB chairman Ehsan Mani was delighted with the governing body’s new recruit: “We welcome Wasim, who will be joining the PCB soon,” he said. “He was selected unanimously following robust interview process with some seriously good candidates.

“Wasim brings with him fresh ideas and knowledge of cricket, and he will receive the support of the Board and the management of PCB.”