Seamus Keating, the head of Logica's Benelux operations, is to leave the business solutions provider after 13 years to concentrate on other interests.
Keating's resignation from the Logica executive committee and board took effect from Tuesday evening.
Serge Dubrana, Chief of Operations, will take executive responsibility for the Benelux business in addition to his existing role with the support of the strengthened team now in place. The process is underway to recruit a local leader for the firm's Dutch business which will be announced in due course.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
Logica said that based on the performance in the first two months of the year and the expected benefits of the restructuring announced in December, the Benelux business is expected to return to profit in 2012.
"The turnaround plan for the business is now firmly in place and I have every confidence that this will position the company to succeed going forward," said Keating.
JH
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Will fintechs change the way you invest?: MoneyWeek TalksPodcast MoneyWeek's digital editor, Kalpana Fitzpatrick, speaks to Revolut Trading CEO Yana Shkrebenkova about how fintechs are changing the way people approach investing.
-
Six steps business owners should consider before April inheritance tax relief changeNew limits to inheritance tax-free allowances are coming in from the Spring that affect business owners. Those looking to sell or transfer their assets into a trust before the changes need to act now
