– UK, London – BT Group plc (LON: BT.A), today announced the appointment of Tushar Morzaria to its Board as an Independent Non-Executive Director effective from 7 May 2024, bringing a wealth of strategic financial management experience gained over 25 years.
“We are very pleased to welcome Tushar to the Board. His prior experience, especially in relation to financial and operational resilience, and corporate change, will be an incredibly valuable addition to the experience and skills of the BT Group Board.” said Board Chairman, Adam Crozier.
Tushar Morzaria will also join the Audit & Risk Committee, Nominations Committee, and Remuneration Committee.
The company also announced that Isabel Hudson will step down from the Board at the 2024 AGM.About Tushar Morzaria
Tushar Morzaria has overseen transformation programs and has strengthened risk and control frameworks. He is currently a Non-Executive Director and Audit Committee Chair of BP plc and Legal & General Group plc.
Tushar Morzaria said “I am delighted to be joining the BT Group Board and look forward to inputting into the future of the group and bringing my prior experience to a well-balanced Board.”
Tushar Morzaria is a chartered accountant with over 25 years of strategic financial management experience. He is currently a Non-Executive Director and Chair of the Audit Committee of both BP plc and Legal & General Group plc. From 2013 to 2022, Tushar was the Group Finance Director of Barclays plc. Before this, he held various senior finance roles at JP Morgan Chase & Co including CFO of its Corporate & Investment Bank.
About BT Group
BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions, and services. We also provide managed telecommunications, security, and network & IT infrastructure services to customers across 180 countries.
BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly-owned subsidiary wholesaling fixed access infrastructure services to its customers – over 700 communications providers across the UK.
British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.
SOURCE: https://www.bt.com/
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