News
Danny McCance 4 Jan 2019 04:33pm

Movers and shakers

A round-up of this week's appointments, promotions, board moves and resignations

USOC

Beth Brooke-Marciniak has been appointed to the board of the US Olympic Commission, effective 1 January.

Brooke-Marciniak, the global vice chair for public policy at Big Four firm EY, was a distinguished college athlete, having been part of the first class of women to ever receive an athletic scholarship to Purdue University in Indiana. Prior to joining EY, she worked for its predecessor Ernst & Whinney, becoming the firm’s first female partner. She later worked in the Clinton administration overseeing tax policy matters related to insurance and managed care in the US Department of the Treasury before rejoining EY.

She will work alongside fellow appointees, executive director of USA wrestling Rich Bender and former US Navy lieutenant and seven-time medallist and paralympic swimmer Brad Snyder, as part of the 16-member board.

Bank of England

Dame Jayne-Anne Gadhia and Dame Collette Bowe, chair of the Banking Standard Board, will join the Bank of England’s financial policy committee (FPC) and will both serve for three years as external members.

Dame Jayne-Anne, formerly chief executive of Virgin Money, was this week recognised in the New Year’s Honours List for her work in the financial services industry and will become a dame commander of the Order of the British Empire.

She undertook her training with Ernst & Young (now EY). She joined Virgin Money in 2007 as CEO and headed the bank until October 2018 when it was sold to CYBG plc (formerly the Clydesdale and Yorkshire banking groups) in a £1.7bn deal. Her government-backed review of women in financial services led to HM Treasury establishing the Women in Finance Charter in March 2016.

Reach

Simon Fuller has been appointed as CFO of the newspaper and magazine publisher, effective 1 March 2019, and will replace Viljay Vaghela, who will help with handover responsibilities until June.

Fuller, ACA, is currently CFO at Mcoll’s Retail group, having been appointed to the role in 2016 after joining as deputy CFO in 2015. Previously he spent seven years working for Tesco in various financial director roles. He has held senior finance roles at BT and COLT after qualifying with PwC in 2001.

Bango

Nancy Cruikshank has joined the board of the mobile commerce company and Carolyn Rand has been appointed as permanent CFO, both effective from 1 January.

Cruikshank is a senior vice president of digital business transformation with the Carlsberg Group and an NED with OnMobile Global. She is chairman of MyShowcase, which she founded in 2011, and previously was NED for Glam Media and Telecity Group, and was executive consulting director of M&A and investments or Telegraph Media Group.

Rand becomes permanent CFO after being appointed as interim CFO in October. She has a wealth of experience having previously been interim group CFO at technology company McWane, group finance and treasury manager at software business Sepura and many others. She is a fellow of the chartered institute of chartered management accountants, a chartered global management accountant and is chair of the Institute of Directors Cambridgeshire Region.

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