Westminster Group Plc (‘Westminster’, the ‘Group’ or the ‘Company’), the AIM listed supplier of managed security services and technology-based security solutions to governments and government agencies, non-governmental organisations (NGO’s) and blue-chip commercial organisations worldwide, is pleased to announce the appointment of Mr Charles Enea Cattaneo to the Board as a Non-Executive Director with effect from 17 January 2019 and the appointment of James Sutcliffe to the post of Chairman of the International Advisory Board.
Charles Cattaneo, aged 55, is a Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of the Securities and Investment Institute and has an MBA from Birmingham University where he also read Commerce.
He has over 30 years’ corporate finance experience gained in investment banking, industry and the accounting profession. He is a partner in Cattaneo Corporate Finance, a business he founded in 2005 which provides corporate finance advice to a wide range of clients including Main Market Listed, AIM and private companies. He is experienced in all aspects of corporate finance and has advised on many public company transactions including hostile and recommended takeovers, acquisitions, disposals, equity and debt fund raisings, transfers to the Full List and to AIM, and flotations. Charles has been a director of a number of public and private companies and is currently the Chairman of the West Midlands Regional Advisory Group of the London Stock Exchange.
Commenting on Charles’ appointment, Westminster’s Chairman, Rt Hon Sir Tony Baldry, said:
“We are delighted Charles has agreed to join the Board of Westminster and I am sure his wealth of City and corporate finance knowledge and experience gained from a variety of business sectors, in particular advising AIM companies and serving on boards of growing and successful companies, will be of great value to our business as we expand and deliver on our significant potential.
“As a qualified accountant he will be taking over as Chair of the Audit Committee and Chair of the Risk Committee.”
Commenting on his appointment Charles Cattaneo added:
“This is an exciting time to join Westminster Group, I look forward to serving on the Board making a significant contribution to Corporate Governance and supporting the Board’s strategy to make Westminster a substantial international security services company in the infrastructure sector.”