Business Control Solutions (BCS), provider of management consultancy services and financial control software to the financial services sector, today announced that it has appointed Paul Brock as CEO.
Brock joined BCS four years ago and became COO in 2007. He will take over the CEO position with immediate effect, replacing Nigel Walder. Walder, who also founded BCS nine years ago, resigned from his post and will shortly take up a senior business transformation position with a global financial institution.
Commenting on his departure, Nigel Walder said: "I have thoroughly enjoyed my time at BCS, which today is a great company with outstanding people. It has been an unforgettable journey and over the past few years I have worked very hard to ensure that the business is sustainable and scalable. I leave with the confidence that it will continue to go from strength to strength under the leadership of Paul Brock."
Steve Russell, chairman of BCS, said: "Nigel Walder has played a major role in the growth of BCS, helping us build a very credible management consultancy and software business. On behalf of all the directors, I extend our gratitude to him for a tremendous contribution and wish him the very best for the future. Going forward, the board is confident that the company will be in excellent hands. Paul Brock has an outstanding track record in senior management positions and has already made a significant contribution to BCS's development."
Prior to joining BCS, Brock was CEO of technology consulting and IT services firm, Delphis Consulting, and was responsible for the company's successful sale to Morse. In his earlier career, Brock held senior technology management positions at Swiss Bank Corporation, NatWest Markets and Dresdner Bank before founding his own IT consultancy in 1998.
On his appointment as CEO, Brock commented: "I am delighted to have the opportunity to lead BCS through the next phase of its development and evolution. With a strong foundation now in place both within the consulting and software divisions, I look forward to driving profitable growth in what we hope will be a recovering market."
Roger Shepherd, the company's finance director since 2007, will broaden his role to include that of COO. Shepherd has more than 20 years experience in finance and operations.