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BT confirms it is hunting for a new finance chief

Published: 08:05 08 Feb 2016 GMT

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BT has not made a decision on replacing Chanmugam or around the potential timing of any change

Telecoms group BT (LON:BT.) said it had launched a search for a new finance chief.

It was reported at the weekend that current finance director Tony Chanmugam, who took up the post in 2008, may quit later this year.

BT responded to the speculation by confirming that it had begun a search process to find a successor.

It added: "No formal decision has been taken on a replacement or around the potential timing of any change.

"BT will make a further announcement if and when required."

Shares in BT fell 1.75p to 474.6p.

 

 

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