Capita's COO to take on enlarged role
Outsourcing group Capita has piled more on to Andy Parker's plate by announcing that the Chief Operating Officer (COO) is to additionally take on the role of Deputy Chief Executive Officer (CEO) from the start of June.
Outsourcing group Capita has piled more on to Andy Parker's plate by announcing that the Chief Operating Officer (COO) is to additionally take on the role of Deputy Chief Executive Officer (CEO) from the start of June.
Parker, a chartered accountant who joined Capita in 2011 and was appointed to the board in 2011, will continue in his current role as joint COO with Vic Gysin, who both report to CEO Paul Pindar.
As joint COO, he oversees the majority of Capital's non-financial services operations. The group said that he has experience within the majority of divisions and has been "instrumental" in developing its presence in additional markets such as health, justice and the emergency services.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Capita said that the added responsibility will help Parker to more directly support Pindar.
"This new enlarged role recognises Andy's depth of skills and experience and his valued contribution to Capita's success," Pindar said.
"Andy has played a key role in enhancing the operational strength of the company and in broadening our capability through identifying and successfully integrating a number of key acquisitions."
The shake-up comes a week after Capita was selected by network provider O2 for a 10-year strategic partnership worth £1.2bn. The firm is to run and manage O2's customer services centres and support O2 as it enhances and expands its digital services.
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Revolut finally bags a UK banking licence – what next for the fintech?
Revolut has finally been granted a UK banking licence following three years of negotiations with the regulator
By Kalpana Fitzpatrick Published
-
Could Labour impose a “double death tax” of more than 50%?
Speculation is mounting that capital gains tax will be reformed in the Budget - and one option is to charge bereaved families the tax on top of inheritance tax. We explain how it could work
By Ruth Emery Published