Consulting » FDs ON THE MOVE

FDs ON THE MOVE

Andersen alumni join up at the Pru... and other financial director moves.

Phillip Broadley

, partner at Arthur Andersen, has been appointed FD at Prudential. He replaces Les Cullen, who resigned less than six months after joining the financial services company. Broadley is renewing a partnership with Pru CEO Jonathon Bloomer, who is also an Andersen alumnus.

Grahame Whitehead has become CFO at the Royal Bank of Scotland after the group’s successful bid for NatWest. Richard Delbridge, who is 57, had resigned as CFO of NatWest and leaves at the end of April – an RBS statement claimed that his age would ‘preclude him from providing long-term leadership in the enlarged group.’

Scandal-hit BNFL is continuing to shake up its board, with all six non-executive directors due to leave by the end of 2001. FD Ross Chiese is also leaving, with a replacement yet to be announced.

Dame Sheila Masters, senior partner at KPMG and president of the ICAEW, has been raised to the House of Lords as a Conservative peer.

Alchemy, the venture capitalist attempting re-create the MG Car Company from the ashes of Rover, has appointed corporate recovery specialist Graham Hallworth as the car group’s FD. Former Coopers & Lybrand chairman Brandon Gough will be

non-executive chairman.

International Power, National Power’s overseas arm, which is preparing for demerger from the group, has appointed Phillip Cox as finance director. Cox is currently senior vice-president at Invensys (having been with Siebe since 1989). He takes up his new appointment in May. Another Invensys VP, David Robbie, who ran corporate finance for the engineering group, has been appointed FD at computer services company CMG.

MV Sports has appointed Kevin Downs as finance and operations director. Downs joins from UK Mattel group, where he was also group finance and operations director.

Keith Hamill has hit the headlines after announcing his intention to step down as FD of high-street giant WH Smith. ‘I am happy as a finance director, but I think that in the right circumstances I could be a chief executive,’ he claimed. Although he is yet to announce a new position, Hamill has been linked in the past with the financial director seats at Reckitt Benckiser and British Airways.

National Car Parks has appointed Bob Nacnaughton as finance director. He joins from Sainsbury’s DIY subsidiary, Homebase.

Simon Batey has taken the reins as group FD of United Utilities. He joins from construction giant Amec, where he had been group FD since 1992. He replaces Bob Ferguson who has retired.

CODA has announced six appointments to a new management team, including Bryan Hucker who has been appointed group CFO. Hucker previously held the position of group commercial director at Science Systems. The move follows the recent acquisition by Science Systems of the CODA business from Baan Company to form CODA plc.

Aegis Group has taken on Jeremy Hicks as its new CFO. He moves from the group FD role at Abbott Mead Vickers.

IT consultancy Diagonal has elevated FD Graham Creswick to chief executive. Current chairman and chief executive Mark Samuels will continue with the company as executive chairman.

After 25 years with North West Water, Stan Chaplin has been appointed to the post of FD.

Maggie Frost has been appointed FD at secretarial recruitment consultancy Angela Mortimer plc. She joins the company from Clark & Taylor, where she was director of finance and administration.

Finally, Richard Simons is to become the FD of XS Leisure after the resignation of Philip Bunt in unfortunate circumstances – the bowling alley group’s accounts had overstated profits by a sizeable margin. Simons, appropriately, is the company’s former auditor. Financial controller Paul Arris will take over as company secretary.

Appointment announcements can be faxed to us on (020) 7316 9250 or e-mailed to [email protected]

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