GB Group PLC on Wednesday announced the retirement of Chief Executive Officer Chris Clark after seven years in the role.

The Chester, England-based software company said its managing director for Asia Pacific, Dev Dhiman, has been promoted to CEO and will join the board at the end of January, once Clark officially retires.

Dhiman has been with the company since 2020 and was at Experian for 12 years prior to that.

Chair Richard Longdon commented: ‘On behalf of the board, I would like to give our thanks to Chris for his significant contribution over the last 7 years, his passion and dedication will be missed by everyone at GBG, and we wish him the very best in his retirement.

‘I am delighted to be able to announce Dev’s appointment as CEO designate. During our selection process, it was clear that Dev’s deep understanding of GBG, its markets and potential, make him the ideal leader to replace Chris. We are confident that he will work together, with the excellent Executive Team, to lead GBG through the next phase of its evolution.’

Shares in GB Group were up 0.4% at 255.75 pence each in London on Wednesday morning.

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