Ken O’Brien has been appointed Vice President for North American Sales at City Networks. O’Brien was most recently Managing Director for Sales and Operations in the Americas at FNX Limited, where he spent eight years and held various senior roles including Product Manager for Back Office Operations. Ken is now responsible for sales and market expansion in North America for City Networks and for developing relationships with existing customers. ‘I am very much looking forward to the challenge ahead and to be joining a company that has such a great track record of service and performance excellence is a bonus’, said O’Brien. The firm also announced record financial results with revenues of over $18 million and an increase in operating profit of 26% over the previous year.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.