24th May 2011 07:00
24 May 2011
Logica appoints new Chief Financial Officer
Logica today announces that Himanshu Raja has been appointed as Chief Financial Officer and Executive Director of the Logica Board, with effect from 5 September 2011.
Raja brings a wealth of financial planning and operational experience to Logica, having served in a number of senior finance roles at multinational telecoms operators including BT, MCI, UUNET and MFS. He has spent the last ten years at BT. Since December 2010, he has been CFO of BT Global Services. Prior to that, he held various roles, ranging from Group Capital Controller and CFO for BT Innovate and Design to CFO of BT Operate and BT Wholesale.
Raja is a qualified chartered accountant and holds an honours degree in law.
David Tyler, Chairman, commented: "The Board is delighted that Himanshu has agreed to join us as our CFO. We conducted a rigorous international search over five months to find the right person. Himanshu has the skills and cultural fit to lead Logica's excellent finance team and to build further on the work undertaken over the last three years to build a more globally integrated finance function. I would like to take this opportunity to welcome him to the Board and to Logica."
Himanshu Raja, CFO-designate, said: "I am thrilled to be taking on this exciting role. Logica has taken a long term view and has put in place a sound business strategy and financially disciplined approach over the last few years. This has meant that the company has emerged from the downturn in a strong and robust position. I look forward to working with my colleagues on the Board and Executive Committee to take advantage of the opportunities ahead."
In relation to Himanshu Raja's appointment there are no other details to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules.
NOTES TO EDITORS
About Logica
Logica is a business and technology service company, employing 39,000 people. It provides business consulting, systems integration and outsourcing to clients around the world, including many of Europe's largest businesses. Logica creates value for clients by successfully integrating people, business and technology. It is committed to long term collaboration, applying insight to create innovative answers to clients' business needs.
Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) . More information is available at www.logica.com.
For further information
Logica Investor relations:Karen Keyes/Jose Cano +44 (0) 20 7446 1338/+44 (0) 7801 723 682Logica Media relations:Carolyn Esser +44 (0) 7841 602 391
Brunswick:
Tom Buchanan +44 (0) 20 7404 5959
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