Lloyds Bank hires Morgan Stanley banker Chalmers as CFO
High street giant Lloyds Bank has confirmed the appointment of William Chalmers as chief financial officer, with effect from June this year, subject to regulatory approval. Chalmers is set to replace George Culmer, who announced his resignation after seven years in the role. Chalmers is currently co-heading Morgan Stanley’s Global Financial Institutions Group. Prior to this, he worked at JP Morgan.
Commenting upon the appointment, Chalmers said: “I very much look forward to joining the executive team at Lloyds Banking Group. It is a tremendous company that is going through an impressive transformation. I look forward to getting started and making a contribution.”
Petra Diamonds names Africa veteran Duffy as CEO
UK-based miner Petra Diamonds has announced the recruitment of Richard Duffy as the chief executive officer with effect from 1 April 2019. He will be replacing Johan Dippenaar, who announced his resignation last September. Duffy has previously held the role of finance director at AngloGold Ashanti’s African division
Pendragon reveals new chief executive
Car retailer Pendragon has appointed Mark Herbert as the chief executive officer, with effect from 4 March 2019. He will replace Trevor Finn, who announced his resignation in December 2018. Herbert will be joining Pendragon from Jardine Matheson Group, where he worked for a span of 20 years. His most recent work included working for Cold Storage Singapore as the CEO and at DFI Lucky Cambodia as a chairman.
Pendragon Chairman Chris Chambers said: “Mark is a proven, successful leader and I’m pleased to welcome him to the company. He is the ideal person to lead Pendragon through the next phase of its development and we all look forward to working with him as we continue to implement our established strategy.”
Eddie Stobart Logistics CFO to retire and Cambian CFO will replace
UK-based Eddie Stobart Logistics has announced the retirement of Chief Financial Officer Damien Harte, with effect from 31 March 2019. He will be replaced by Anoop Kang, who will join the firm on 1 April. Kang is currently working as the chief financial officer for specialist behavioural health services provider Cambian Group, which was recently acquired by CareTech Holdings.
Bell named chief financial officer of McColl’s
UK-based convenience retailer McColl’s has named Robbie Bell as chief financial officer, with effect from 17 January 2019. He is set to replace Simon Fuller, who will step down from the role on 22 February. Fuller will continue to stay with the company to ensure a smooth handover. Bell has joined McColl’s from Welcome Break, where he was the chief financial officer. Prior to this, he has held senior roles with Screwfix Direct, Travelodge, and Tesco. He also holds the role of a non-executive director and chair of the audit committee of UP Global Sourcing Holdings.
Speaking on the appointment, McColl’s CEO Jonathan Miller said: “With such a wealth of senior experience in retail and finance, he will add significant strength to the team. I am confident Robbie will make a valuable contribution as we deliver our strategy to enhance our neighbourhood convenience offer.”
Ageas hires Jonathan Price as CFO
Belgium-based insurance company Ageas has announced the appointment of Jonathan Price as the chief financial officer for its UK business. In his role as the CFO, Price will handle financial planning, management of financial risks and financial reporting for the UK business. He is set to replace Fernley Dyson, who has left to take up a job at Allianz. Price joins the company from Aspen Insurance Group. Before this, he has held senior finance roles including chief accountant at Aviva.
Welcoming Price to the group, Ageas UK CEO Andy Watson said: “I’m delighted to welcome Jonathan to Ageas. His appointment completes another part of the management structure changes I announced towards the end of last year. Jonathan has broad and valuable finance experience, and I look forward to working closely with him.”
Diederick Santer to step down as Kudos CEO
Production company Kudos has announced that chief executive Diederick Santer has stepped down from his role. Santer will leave the company after four years in his role. He will be replaced by Chief Creative Officer Karen Wilson and Chief Operating Officer Martin Haines, who will be moving up as joint managing directors.
Speaking on the changes, Richard Johnston, CEO, Endemol Shine UK, said: “I’m incredibly sorry to see Diederick go. His passion and instinct for the scripted genre, and ability to inspire those around him, have helped to deliver a raft of outstanding work and ensured that Kudos is a go to production company for quality scripted in the UK. However, I’m delighted that Karen and Martin, will be taking on the leadership role. The combination of their creative skills and commercial acumen make them a brilliant team, who will grow the company and build the next generation of Kudos hits.”
PayPoint’s CEO Dominic Taylor to step down
In store payment services provider PayPoint has announced the resignation of Dominic Taylor as the CEO as well as director of the board, effective 1 April 2019. Taylor, who joined the company in 1997, was the CEO since August 1998. Prior to working at PayPoint, Taylor held various roles at Vodafone as well as Granada. He will be replaced by Patrick Headon, who will also join the board, with effect from 1 March 2019. Headon has previously worked at companies including Wolseley UK, eBay, and Diageo. However, Taylor will continue to work with the company till the end of the year to ensure a smooth handover.
Speaking on his resignation, Taylor said: “It has been an honour to lead PayPoint for some 21 years, from a small start up to the scale and capability of the public company it is today. It has been an enormous privilege to work with the many talented and committed people in the PayPoint team and I am very grateful to have enjoyed their support, alongside that of our retailers and clients, in building a unique and successful business providing important services to consumers. I look forward to working closely with Patrick Headon to ensure a smooth handover and I am confident that he will lead PayPoint to even greater success in the future.”
Outsource UK appoints CFO
UK-based recruitment specialist Outsource UK has hired Paul Jezzard as the chief financial officer, effective immediately. Jezzard was previously the interim CFO with Outsource since November last year. Before joining Outsource, he has worked with various companies including working for Capita Resourcing for eight years. He began his career with UK-based Summit Therapeutics.
“We’re delighted that Paul has agreed to join Outsource UK at a time when we are strongly growing. We have aggressive hiring plans across our UK network of offices to fuel further organic growth and Paul’s energy and experience will help us deliver on that,” said Nick Dettmar, CEO of Outsource UK.
Datalex boss Donal Rooney leaves after three months
Chief Financial Officer Donal Rooney of Ireland-based travel software company Datalex has announced his resignation from the company’s board, after three months in the role. Rooney will stay with the firm until April to ensure a smooth handover of his role. The company has started a search for his replacement and an announcement will be made in the coming weeks.
THB Group names chair and CFO
Insurance and reinsurance broker THB Group has recruited Kay Smith as the chief financial officer. She will succeed Rob Wilkinson, who has moved up to the role of commercial director. Her previous experiences include working at Towergate and Gallagher. The company also announced that Malcolm Beane, non-executive director will be promoted as chairman, while Jane Comerford will take up Beane’s role.
CEO Frank Murphy commented on Smith’s appointed and said: “I am delighted to welcome Kay to THB. Her experience across the sector, in retail and wholesale broking as well as MGA operations, gives her great insights into the challenges and opportunities for our business. I am confident that with her fresh perspective Kay will make a valuable contribution to the development of our firm.”
Bango hires former Nokia executive Larbey as COO
Mobile payment company Bango has confirmed the recruitment of Paul Larbey to the newly created role of chief operating officer. The COO role will see Larbey being responsible for the Operations, Customer Delivery and Customer Success teams as well as scaling the newly-launched Bango Marketplace product. Prior to this, Larbey has held executive roles including chief executive officer at Velocix, where he is currently a non-executive director.
Keepmoat Homes reveals new chief executive
Housebuilder Keepmoat has elevated the role of Tim Beale to chief executive officer. He will be replacing James Thomson, who resigned after seven years in the CEO role. Thomson will continue to be part of the board as a non-executive director. Beale has been part of Keepmoat since 2017, where he has worked as chief operating officer and deputy chief executive.
Commenting on the changes, Thomson said: “After seven years with the Keepmoat Homes I have taken the decision to step down as chief executive. I will remain involved with the business on the board as a non-executive director and am delighted that Tim will be stepping up as the chief executive officer. I am fully confident that under Tim’s leadership the business will continue to go from strength to strength.”
IMImobile appoints North America CEO
Cloud communications software provider IMImobile has announced the appointment of Bruce Bales as the chief executive officer for its North American business. Bales will report to Group CEO Jay Patel and work with Tim Miller, president, IMImobile North America. With more than 20 years of experience, Bales has held senior roles with public communications technology companies such as AT&T, Glenayre Technologies, and CLX Communications.
“We strongly believe that there is a great market opportunity for IMImobile’s cloud communications suite in North America and Bruce has deep experience in this specific market and of growing technology businesses. He is a well-regarded executive in the industry, and with his capabilities and the commercial and technical teams we have established in the region we now have a strong foundation for future growth,” said Patel.
Purplebricks’ UK CEO to leave
Online estate agent Purplebricks has announced that its UK CEO Lee Wainwright will step down from his role for personal reasons. Wainwright will leave the firm after two years and his role will be handled by Group Chief Operating Officer Vic Darvey on an interim basis. The company also announced the resignation of US CEO Eric Eckardt, who will also exit after two years in the role. Eckardt’s role will be managed by Group CEO and Co-founder Michael Bruce with immediate effect.
SCOR names new CEO of global P&C operations
French-based reinsurance company SCOR has promoted Jean-Paul Conoscente from chief executive officer of reinsurance at SCOR Global P&C to CEO of SCOR Global P&C. His appointment is effective from 1 April 2019 and he will be part of the group’s executive committee. The company announced retirement of Victor Peignet, who will leave after working with SCOR for 35 years. Joining SCOR in 2008, Conoscente has held various executive roles with SCOR. Prior to this, he worked with companies including EQECAT, Aon Benfield, and AXA Re.