Ruben Gnanalingam has been named as Queens Park Rangers' co-chairman, to work alongside Tony Fernandes.
Gnanalingam has been a major shareholder since Fernandes became chairman at Loftus Road in 2011.
"I have come on board in a more hands-on role to provide Tony with support across various areas of the club," he told the club website.
"Working as co-chairmen allows us to commit more time to QPR both individually and as a collective unit."
Rangers are looking to rebuild following last season's relegation back to the Championship after one season in the Premier League.
Fernandes said: "I'm really pleased with the new set-up and confident our individual strengths will enable us to dovetail efficiently in the best interests of the club."