Glasgow-based Smart Metering Systems (SMS) has appointed Macfarlane Group chairman Graeme Bissett as a non-executive director.

Bissett will become chair of the SMS audit committee while Miriam Greenwood, who currently chairs that committee, will become senior independent non-executive director and chair of the SMS remuneration committee.

Bissett, 58, is an experienced corporate financier and qualified chartered accountant, having previously been a partner with Arthur Andersen LLP and finance director of a number of international groups.

He is currently chairman of Macfarlane and Curo Compensation Limited and is a non-executive director of a number of other businesses, including Cruden Group Limited, Scottish Futures Trust Limited and Anderson Strathern LLP.

Willie MacDiarmid, chairman of SMS, said: “We are delighted to appoint Graeme to the board and we look forward to working with him and to utilising his significant experience at this important time in SMS’s growth.

“In particular, his financial expertise will be of great value to SMS as it implements its strategy in both the I&C and domestic smart metering markets.”

Bissett said: “I am delighted to be joining SMS at this time and look forward to working with the executives, non-executives and all members of staff to help deliver continued strong growth for our shareholders and establish our market position in the newly-developing domestic smart metering market.”