Wood Group appoints Arvind Balan as CFO
Sharecast
Published Nov 01, 2023 08:14
Updated Nov 01, 2023 08:41
Wood Group appoints Arvind Balan as CFO
Sharecast - Balan has been CFO of the civil aerospace business of Rolls-Royce (LON:RR) for the last two years. Prior to this, he held a number of executive financial leadership roles at Shell (LON:RDSa), where he worked for 14 years across the UK, Singapore and China.
Balan is a chartered accountant and holds an MBA from the Indian Institute of Management. He will succeed David Kemp, whose retirement was announced in August.
Chairman Roy Franklin said: "We are delighted Arvind is joining us at an exciting time for Wood. His deep industry experience in energy and engineering businesses, coupled with his strategic financial leadership to deliver purposeful and profitable growth is a great fit.
"I know Arvind will be a strong addition to Wood's board of directors and the executive leadership team at a time of continued transformation for Wood. I also thank David for his years of service to Wood and wish him every success for the future."
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