Glasgow-based Smart Metering Systems (SMS) said on Monday that its chief financial officer David Thompson will leave the group on March 31, 2021, “to pursue another opportunity” and that Gavin Urwin has joined the SMS as CFO-Designate.

“David will remain at the group and as CFO until 31 March 2021, finalising the preparation of the audited full year 2020 results (due to be announced on 16 March 2021) and with a handover period with Gavin,” said SMS.

“Gavin is an experienced CFO with a proven track record working across multiple sectors including professional services, support services, FMCG and retail.

“He has previously worked at M&Co, William Grant & Sons, Aggreko and KPMG.

“He is a member of the Institute of Chartered Accountants of Scotland and has a BA (Hons) from the University of Glasgow. ”     

SMA chair Miriam Greenwood said: “I would like to place on record the board’s thanks for David’s contributions to the group.

“When he leaves SMS it will be with our best wishes for the next stage of his career.

“Having conducted a thorough search process, the board is delighted that Gavin has agreed to join the group.

“He will take over as CFO when David leaves SMS. 

“Gavin is well placed to assist the group in its future development and we look forward to his significant contribution going forwards.”