Iomart, Glasgow cloud firm, in board changes

Lucy Dimes

Glasgow-based cloud computing firm Iomart Group announced the appointments of Annette Nabavi and Adrian Chamberlain as independent non-executive directors of the company.

Following six years on the board, non-executive director Richard Masters will not stand for re-election at the AGM in September.

Nabavi‘s appointment will start on May 25, 2023, and she will be appointed chair of the remuneration mommittee from June 1, 2023.  

Chamberlain‘s appointment, as senior independent non-executive director, will start from June 1, 2023.

“Annette brings over 30 years of experience in operational and advisory roles in the technology sector including significant expertise in driving growth through acquisition and partnerships,” said Iomart.

“Annette currently sits on the board of Eleco plc, an AIM listed software company, and serves as the chair of its remuneration committee.  

“She has held several non-executive director roles, including a seven-year tenure at AIM listed Maintel Holdings Plc, a cloud and managed services company, where she also chaired the remuneration committee.

“She has substantial experience in the area of remuneration through her involvement with the Quoted Companies Alliance (QCA), where she supported the update to the Remuneration Committee Guide.

“Annette is Finance Director for Women in Telecoms and Technology, a Not-for-Profit organisation.

“Adrian has considerable experience across the technology and telecoms sector, having spent a significant period of his executive career with Cable & Wireless plc before becoming CEO of Message Labs and then Achilles, both cloud-based SaaS businesses.

“He has substantial experience in strategy formulation, growing turnover and establishing presence in new markets.  

“Adrian is a non-executive director on the board of Alfa Financial Software Holdings plc, a listed global software provider, a non-executive and senior independent director at Cambridge University Hospitals NHS Foundation Trust and was, until recently, the chair of the board of eConsult Health Ltd, a cloud-based SaaS business in the healthcare sector.”

Iomart chair Lucy Dimes said: “I am delighted to welcome Adrian and Annette to the board of Iomart.

“Their considerable experience in the technology services sector will be extremely valuable to us as we continue to execute our growth strategy. I very much look forward to working with them.

“I would like to thank Richard Masters for his immense contribution and commitment to iomart group plc over the past six years, and to wish him all the very best for the future.”

Chamberlain said: “I am very pleased to be appointed as the senior independent director of the Iomart board. I have been consistently impressed by the vision, ambition and potential of iomart during the appointment process. I look forward to contributing to the successful implementation of Iomart’s growth strategy.”

Nabavi said: “I am pleased to be joining the Iomart board as it implements its strategy.

“I look forward to sharing my knowledge and experience of growth companies in this sector to underpin and support this strategy going forward.”