MAIS.L Share News (MAIS)

LONDON (Alliance News) - Maistro PLC, an online marketplace for service providers, said Wednesday it has appointed Ian Cleverly as its chief financial officer and a director of the company.

Cleverly, who will join the company on April 9, was previously CFO of telecommunications company Cable and Wireless's Jamaica arm and was also CFO with Hutchinson 3G from its inception.

He has also held senior financial roles with NTL and Procter & Gamble.

Commenting on the appointment, Maistro CEO Laurence Cook said: "I am delighted to announce that Ian Cleverly has agreed to join Maistro as Chief Financial Officer and as a Board Member. He brings tremendous experience of developing young organisations and building successful businesses across the UK and Europe. He has extensive experience and a strong track record of helping companies deliver shareholder value and has previously operated at board level within listed companies.

David Rowe, Chairman, said: "Ian is a high calibre individual with extensive CFO experience in both start-up and multinational companies. This is another important piece of the rebuilding of the business brick by brick so that it can achieve its full potential over time in the embryonic e-procurement field.

We are delighted to have secured someone of Ian's industry credentials and stature to our main Board. I look forward to working with him."

Shares in Maistro were trading flat at 3.88 pence Wednesday morning.