CFO Moves UK – week ending 4 October 2013

CFO Moves in the UK this week include:

Vodafone Group	Future PLC	Indus Gas Limited
Mwana Africa PLC

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CFO Moves is published by George Cross (International Chairman and Managing Director, UK at Stanton Chase International). George can be reached by email at g.cross@stantonchase.com or by phone at (+44) (0) 207 004 7032.

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Vodafone Group announced that its Group Chief Financial Officer, Andy Halford, has informed the Board that after almost nine years in role, he intends to leave the Group at the end of March 2014 after the conclusion of Vodafone’s transaction with Verizon Communications Inc. The Board has decided to appoint Nick Read as Group Chief Financial Officer-designate, effective 1 January 2014. He will be appointed to the Vodafone Group Board on 1 April 2014. Nick Read joined Vodafone in 2001. He was the Chief Financial Officer at Vodafone’s UK operating company before being appointed UK Chief Executive in 2006. He was appointed to the role of Chief Executive for the AMAP region in 2008. Prior to joining Vodafone, Nick Read spent 10 years at Federal Express Worldwide where he was Vice President and Chief Financial Officer for Europe. He was also the former Chief Financial Officer of Miller Freeman Worldwide plc, the largest division of United News and Media Plc.

Future PLC announced that Graham Harding will step down as Chief Financial Officer and leave the company in November. Future also announces the appointment of Zillah Byng-Maddick, formerly CFO and interim CEO at Trader Media Group, as new CFO. Zillah Byng-Maddick was CFO at Trader Media Group from 2009 to 2012 and interim CEO from 2012 to 2013. She will join Future on 1 November and formally take over as CFO on 18 November. Zillah is a non-executive director at Betfair plc and Mecom Group plc.

Indus Gas Limited (AIM:INDI.L) announced the return of John Scott as Chief Financial Officer to the Board, with a starting date still to be confirmed. John Scott initially joined Indus in 2008, before leaving in February this year to take up an appointment as Chief Executive Officer at another UK listed oil and gas company. John entered the oil industry in 1980 with the British National Oil Corporation and worked in a variety of technical and commercial roles. Following an MBA at London Business School, he joined the energy group of Citibank and subsequently gained corporate finance experience at ABN Amro and Standard Bank. John returned to the industry with Halliburton in a senior financial role and has been finance director of the Toronto Stock Venture Exchange listed Exile Resources Inc.

Mwana Africa PLC announced the appointment of Mr Yim Chiu Kwan as Finance Director.  Mr. Kwan is currently Chief Financial Officer and board director of MBMI Resources Inc. Donald McAlister is leaving the Board of the Company. Mr McAlister has been Mwana’s Finance Director since October 2009.