BT Goup is bringing onboard former BG Group finance director Simon Lowth as Group Finance Director and an executive board director. Simon, 54, who has an engineering degree from Cambridge University and an MBA from London Business School will replace BT’s current Finance Director, Tony Chanmugam.
Most recently, Simon was CFO and executive director of oil and gas giant BG Group. He stepped down in February 2016, following its £35 billion takeover by Royal Dutch Shell. Before BG Group, Simon was CFO of AstraZeneca and served as an executive director on its board from November 2007. He was responsible for finance, strategy, M&A and investor relations as well as managing AstraZeneca's business in Japan, its second largest market.
Simon worked as Corporate Strategy Directorat for ScottishPower from 2003 to 2007.
Simon Lowth, In-coming CFO, BT Group
I’m delighted to be joining BT at such an exciting time. Having acquired one of the UK’s leading mobile operators and with superfast fibre broadband available to well over 24 million homes, BT is well-placed for growth in consumer, business and wholesale markets.
Gavin Patterson, BT Group Chief Executive
On top of his solid financial acumen, his strong organisational leadership and engineering experience at a number of leading infrastructure companies will be a real asset for BT.
