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Essentially Group PLC on Friday said its Executive Finance Director Mohammed Raouf has stepped down, in order to spend more time to his other business interests.
Ajay Rajpal, currently independent non-executive director of the investment company, has been appointed as an independent non-executive finance director, in Raouf’s place.
Essentially said that Rajpal has worked with numerous listed companies in a finance capacity.
Chief Executive Officer Raja Abuljebain said: ‘We are delighted that Rajpal has accepted this expanded role with the company. He brings with him a wealth of financial experience and we look forward to working with Rajpal as the company continues to grow.’
Shares in Essentially were untraded at 54.50 pence each in London on Friday afternoon.
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