– ISRAEL, Hasharon – BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that the Nomination Committee has proposed that Moti Nagar, who has been the Group’s Chief Financial Officer since 1 January 2015, be appointed to the Board as an executive director.
Mr. Nagar’s nomination has been approved by the Board and, in accordance with the Group’s articles of association, is subject to shareholder approval at a General Meeting expected to be convened around the summer of 2016.
Ofer Bar-Ner, the previous Chief Financial Officer, has stepped down from the Board of Directors with immediate effect. Mr. Bar-Ner is continuing in his role as Chief Operating Officer of the Medical Distribution and Sterilization division and, as such, will remain part of the senior management team of the Group.
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