Palletline said it had strengthened its executive board with the appointment of a new group chief financial officer (CFO).
Bali Bandha (above) is charged with developing the network’s commercial strategy in the UK and his recruitment marks a key strategic appointment following that of Forsyth Black as Palletline Chair last year – the first time a chair had been appointed from outside of the business.
An accountant by profession, Bandha’s career has seen him hold several senior positions at multinational engineering groups through which Palletline said he had gained a reputation as an important and effective team player.
He has previously worked for both FTSE 100 and 250 companies as well as in the SME sector and is experienced in improving profitability and designing tools to enhance management information systems, developing teams and facilitating mergers and acquisitions.
Bandha said: “An integral part of my new role is to ensure the business is well placed to handle big tenders quickly and effectively enabling us to take advantage of the opportunities available to the network.
“This will involve a combination of business intelligence, IT strategies, and other wider aspects of the business and I look forward to putting my international experience to good use.
“Palletline is a robust business with an exciting future and I relish the opportunity to be a key part of its continuing success.”
Bali’s new appointment is part of an overall restructure at senior level within which Graham Leitch becomes group CEO and Glenn Baker is promoted to COO.
Leitch said: “Bali is a detail-oriented and highly knowledgeable colleague who can draw on both experience and innovation to find optimal plans and solutions.”
