FD to become BT Retail chief executive
Ian Livingston, BT's group finance director, will become chief executive of the group's consumer arm, BT Retail, from February 2005.
Livingston, 40, who has been group FD and a member of the board since April 2002, replaces Pierre Danon. Prior to his appointment as FD in 2002, Livingston was finance director of Dixons Group.
Hanif Lalani, currently chief financial officer of BT Wholesale, is to succeed Livingston as group finance director. Lalani, 42, will take up his new position and join the BT Group Board with effect from February.
Ben Verwaayen, CEO of BT Group, said: ‘I am delighted with these appointments. Ian has made a very significant impact in establishing a solid financial platform for BT’s future growth, and in driving cost and debt reductions. He also has very strong experience in the retail sector.’