After a long search for a new CEO, UK-based banknote printer De La Rue has announced the appointment of Martin Sutherland to the position.
Prior to his appointment, Sutherland spent 18 years at Detica, becoming Managing Director of BAE Systems Applied Intelligence when BAE bought and renamed the company in 2008. There, he was responsible for spearheading the company’s strategic expansion across the globe and succeeding in doubling the size of the business, including the creation of new strands in counter-fraud and cyber security.
Philip Rogerson, De La Rue Chairman said of the appointment: “After an extensive search the Board is delighted to appoint Martin as De La Rue’s CEO. He brings strong commercial skills, and wide experience of growing technologically demanding businesses supplying governments and financial institutions worldwide. His track record of strategic leadership will also be of considerable benefit.”
“Once Martin has joined the Company I shall resume my role as non-executive Chairman and Colin Child will revert to his Group Finance Director role,” he added.
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