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Colt Group Appoints Former BT Executive Hugo Eales As CFO(Alliance News Via Acquire Media NewsEdge) LONDON (Alliance News) - Colt Group SA Friday appointed Hugo Eales as its chief financial officer, with effect from November 1. Eales is the former CFO for BT Global Services, an arm of BT Group PLC. His appointment comes after Mark Ferrari decided to return to Fidelity Investments following his secondment from the US investment manager. He will step down from the Colt board as an executive director on October 31 and leave the company on December 31. "We welcome Hugo to Colt at an exciting time as we reposition the business for significant growth opportunities with our lines of business. Hugo brings a wealth of experience to Colt, including extensive financial, commercial and operational experience with complex global organisations and IT services companies," said Colt Chief Executive Officer Rakesh Bhasin. Colt shares were off 1.2% in opening trade at 118.60 pence. Copyright 2014 Alliance News Limited. All Rights Reserved. |