(Alliance News) - Eco Buildings Group PLC on Monday said that co-founder and non-executive board member, Etrur Albani, will take on a full-time role as executive vice-chair.
Eco Buildings is a London-based manufacturer of prefabricated modular housing products.
In his new role, Albani will be responsible for "managing existing client relationships as well as developing new contracts". He will also work with Chief Executive Officer Sanjay Bowry to set and maintain Eco Building's strategy.
"I have always believed in the potential for the modular housing sector and Eco's role within this sector. Eco's is uniquely positioned with a process that creates robust housing materials that are both low cost and of the highest ecological specifications," said Albani.
"Therefore in consultation with the board, I have agreed that one way to help the company more efficiently capture its rightful share of this worldwide opportunity, is for me to formally dedicate myself to the company as executive vice chair."
Eco Buildings shares were trading 4.6% lower at 10.02 pence each in London on Monday afternoon.
By Holly Beveridge, Alliance News reporter
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Eco Buildings (ECOB)