Anthony Rabin, former finance director, will be responsible for infrastructure investment business
Balfour Beatty has appointed Anthony Rabin deputy chief executive.
Rabin, who has been Balfour Beatty鈥檚 finance director since 2003, will take responsibility for the management and development of the group's infrastructure investment businesses in the UK, Europe, South-East Asia and the US.
He will also look after the direct line management for recently acquired US military accommodation company GMH.
At the same time, Duncan Magrath will join Balfour Beatty鈥檚 board as finance director. He has been deputy finance director since March 2006. Both appointments are effective as of 31 March.
Balfour Beatty鈥檚 chief executive, Ian Tyler, said: 鈥淥ur strong, continuing growth makes it appropriate to strengthen further Balfour Beatty鈥檚 senior management team. Anthony Rabin has done an excellent job as finance director since 2003 and will now, together with some other responsibilities, take direct responsibility for the direction and development of our very substantial infrastructure investment business, which is a strategic priority for the group.
"The structure of the group鈥檚 construction and engineering activities, which continue to report directly to me, will also evolve over time as the business increases in scope and scale.
鈥淪ince joining us in 2006 as Anthony鈥檚 deputy, Duncan has amply demonstrated his suitability to step up into the senior finance role and I am delighted to announce his appointment as finance director.鈥�
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