24 Aug 2016 11:41am

Carillion appoints new group finance director

International construction and integrated support services group Carillion has appointed ICAEW chartered accountant Zafar Khan as its new group finance director

He will take over from fellow ICAEW member Richard Adam in December. Adam, who has held the post for nearly 10 years, has decided to retire.  

Khan’s new job is an internal promotion. He joined the group in 2011, initially as finance director for the Middle East and North Africa business and for an Al Futtaim Carillion joint venture in the United Arab Emirates, and was promoted two years later to group financial controller at Carillion.

Before joining Carillion, Khan was CFO at Associated British Ports Holdings following its acquisition by a consortium of infrastructure investors in 2006.

Previously, he worked in the finance department at a number of companies, including ABP, BBA Group plc and FLAG Telecom Holdings Ltd.

Welcoming his appointment, Carillion chairman Philip Green said, “Zafar has already made a significant contribution to the success of the group and his appointment continues our excellent track record of developing our own people and allows for a seamless transition following Richard Adam’s retirement.”

He also paid tribute to Adam’s “outstanding financial leadership” and the contribution he has made to the group.

Carillion is a FTSE 250 company, employing more than 46,000 people and operating in the UK, Canada and Middle East. Its most recent financial results showed an annual turnover of £4.6bn (up 13%) and pre-tax profits of £176.5m (up 2%).

Julia Irvine


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