Thursday 13 December 2018

David Lomas named as Digicel's new group chief financial officer

Digicel
Digicel
Donal O'Donovan

Donal O'Donovan

Digicel has named David Lomas as group chief financial officer, replacing Ray Leclercq who had announced his intention to leave last August after a year with the business.

David Lomas is joining Digicel as it looks to complete a deal with bondholders to extend debt maturities by swapping $3bn (€2.59bn) of outstanding debt for new securities with later maturity dates. David Lomas is joining Digicel from Spire Healthcare Group where he was group CFO. Prior to that, he spent nine years as CFO for Elsevier (part of the RELX Plc Group) based in the Netherlands and previously worked with BT in the UK in senior financial, operational and commercial positions.

Commenting on the appointment, David Lomas said; “With Digicel well advanced in its global transformation programme, it’s an exciting time to be joining the company. With so many opportunities for Digicel, I am looking to forward to working with the team to ensure our customers benefit from the digital future we can deliver them.”

Digicel chairman Denis O’Brien said Mr Lomas has a deep knowledge of the telecoms and technology sectors.

Digicel owner Denis O’Brien. Photo: Tony Gavin
Digicel owner Denis O’Brien. Photo: Tony Gavin

“I would like to welcome David to the Digicel family. As we focus on growing Digicel for the future, David’s broad finance, commercial and operational expertise, coupled with his deep knowledge of the telecoms and technology sectors, will be instrumental in delivering our ambitions.”

Online Editors

Business Newsletter

Read the leading stories from the world of Business.

Also in Business