Olswang has re-elected chief executive officer David Stewart for a second three-year term at the helm of the firm.

Stewart, whose second term will begin on 1 May, will continue to oversee Olswang's executive committee, which drives the firm's strategy and management.

He was first appointed to the CEO role in 2010, when the firm dropped its managing partner position, succeeding post-holder Kevin Munslow. Prior to the appointment, he had had been managing partner at the firm since 2007.

His tenure has seen Olswang open offices in Singapore last year, Paris and Munich in 2011 and Madrid in 2010. The firm's revenues have increased by 19% since 2010, with profits per equity partner up by 26%.

Stewart (pictured) said: "The next three years will provide us with increased opportunities to grow and transform the firm in an ever-changing global market place that demands increased specialisation.

"Through continued investment in key client relationships and our core sector focus we will deliver better services more efficiently, living up to our distinctive brand."

Senior partner Mark Devereux added: "David's re-election is a direct consequence of the clarity of his vision for Olswang and the results he has brought in his first term as CEO. The overwhelming vote in a high turnout poll demonstrates the partners' confidence in David's abilities."

The news follows Bird & Bird's re-election of its senior management team last month, with chief executive David Kerr and chairman Michael Frie seeing their management terms extended for a further three years. The reappointment will enable Kerr to continue his 17-year management role until at least the 20-year point.