NFT has appointed Ross Eggleton as chief executive of NFT.
He will take over the role from David Frankish, who will become vice-chairman of NFT and senior advisor to the company’s private equity owner EmergeVest Limited, from 1 January 2018.
As part of the transition Eggleton, who is currently COO, will become deputy chief executive with immediate effect. Eggleton joined NFT earlier this year having previously worked for WM Morrison Supermarkets for nine years, where he held a number of roles before becoming logistics & supply chain director.
Heath Zarin, chairman of NFT and managing director of EmergeVest, said: “We would like to thank David for all he has contributed to NFT’s success and we are pleased to welcome him as a senior advisor to EmergeVest. We are highly confident in Ross and his ability to lead NFT through its next phase of strategic development.
“The senior management team has already been strengthened during 2017, and is unrivalled in its capabilities within the market. In partnership with the group’s banking partners, Investec, EmergeVest has already committed significant capital to finance NFT’s growth plans which include further acquisition opportunities and expansion of current business activities across Europe and Asia”.