15th Oct 2014 07:58
LONDON (Alliance News) - Mortice Ltd Wednesday said it has promoted Rajan Oberoi to be Chief Executive of the Tenon Group of Companies, which include its main operating subsidiaries.
Oberoi has been managing director of the India-focused security and facilities management company's Peregrine guarding business for the past five years.
The Tenon Group includes Mortice operating subsidiaries Peregrine Guarding Private Ltd, Tenon Property Services Private Ltd, Rotopower Projects Private Ltd and Tenon Property Services (Lanka) Private Ltd.
"During his tenure as Managing Director of the guarding business, Brigadier Oberoi propelled Peregrine amongst the top 5 guarding companies in India (as assessed by KPMG in 2012 and EY 2013). He brings a deep understanding of the industry and rich experience to the table that will take Tenon Group to greater heights," Mortice Executive Chairman Manjit Rajain said in a statement.
Mortice shares were down 5.5% at 52.00 pence early Wednesday.
By Steve McGrath; [email protected]; @stevemcgrath1
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
MORT.L