Bango PLC (AIM:BGO, OTCQX:BGOPF), the AIM-listed subscription technology company, has appointed Duncan Magrath as a non-executive director and chair of its audit committee with immediate effect.
Magrath is currently chief financial officer of Alfa Financial Software, the FTSE 250 listed lending and leasing software group, a role he has held since 2020.
His appointment strengthens the board as the Cambridge-based company seeks to capitalise on the growth of subscription bundling, where mobile operators and other providers package together services such as streaming and music.
Magrath brings experience spanning financial reporting, treasury, investor relations, governance and risk management at both listed and private companies.
Before Alfa, he was group finance chief at Brammer, where he oversaw the industrial distributor's move from public to private ownership and its transformation into Rubix through a series of acquisitions.
He previously spent seven years as group CFO at Balfour Beatty, the construction and infrastructure group, and began his career at Price Waterhouse, qualifying as a chartered accountant.
Darcy Antonellis, chair of Bango, said Magrath's financial management and governance expertise would support the company's strategic initiatives and growth.
