BusinessCompany NewsFinance chief wanted to boost 2012 medal hopes

Finance chief wanted to boost 2012 medal hopes

British Olympic Association is still seeking a CFO as it continues its fight for funding

london olympics

A CFO is being sought for the British Olympic Association, which is
continuing to fight for funding to boost the chances of athletes in the 2012
Olympics.

The BOA, which has fended off reports of an alleged 2008 budget overspend by
claiming it will post a modest surplus, has called in recruiters Odgers Ray
& Berndtson to fill the vacancy left by Howard Beeston at the start of the
year. The CFO will be a ‘proactive member’ of the executive team appointed by
chairman Lord Moynihan last November, including Andrew Hunt as chief executive.

Government agency UK Sport, the BOA and the London Organising Committee of
the Olympic Games combined forces in February to launch a joint effort to raise
public sector funds as Team 2012. The BOA’s accounts to 31 December 2007 show a
£1.3m deficit due to an increased workload preparing for Beijing 2008 and London
2012.

For more, go to olympics.org.uk

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor