C&W appoints finance chief

Cable & Wireless has named Robert Lerwill as its new finance director. He succeeds Rod Olsen who was promoted to deputy chief executive in July.

Mr Lerwill, 44, is currently finance director of WPP, the advertising group which controls Ogilvy & Mather and J Walter Thompson agencies.

Mr Lerwill joined the WPP main board in 1986 and in addition to his finance responsibilities was also closely involved in acquisitions and investor relations.

Cable & Wireless chief executive Richard Brown said: "I am delighted Robert is joining us. His recognised experience in international financing will be an obvious asset to us."

In his 10 years at WPP Mr Lerwill was involved with two international refinancings involving up to 35 banks each time. He worked for accountants Arthur Anderson for 10 years, including spells in South Africa, Russia and the Middle East.

In his place WPP has promoted Paul Richardson to the finance director position. He was previously deputy finance director and group treasurer.

Mr Richardson, who is 39, joined WPP three years ago as group treasurer after six years with Hanson. He was previously with Beecham Group.

Cable & Wireless also announced yesterday that its Mercury Communications subsidiary had reached an agreement with BT over number portability. Customers who want to connect directly to the Mercury network will soon be able to do so without having to change their telephone number.

Mercury will introduce single line geographic number portability early next month for customers in Northern Ireland. It will be rolled out nationally during 1997.

Suggested Topics
PROMOTED VIDEO
News
business
News
Mick Jagger performing at Glastonbury
people
Life and Style
beautyBelgian fan lands L'Oreal campaign after being spotted at World Cup
Sport
Germany's Andre Greipel crosses the finish line to win the sixth stage of the Tour de France cycling race over 194 kilometers (120.5 miles) with start in Arras and finish in Reims, France
tour de franceGerman champion achieves sixth Tour stage win in Reims
Extras
indybest
Arts and Entertainment
Characters in the new series are based on real people, say its creators, unlike Arya and Clegane the Dog in ‘Game of Thrones’
tv'The Last Kingdom' is based on historical events
News
ebookA unique anthology of reporting and analysis of a crucial period of history
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Build & Environment Management Team Leader

£500 - £550 per day: Deerfoot IT Resources Limited: Build & Environment Manage...

2 x Risk Analysts Required - SAS - Banking

competitive: Progressive Recruitment: A world leading banking organisation are...

Brady Business Analyst - Syseca - (EBIS / EDIS) - London

£500 - £1000 per day: Harrington Starr: Harrington Starr are urgently recruiti...

Systems Accountant

£75000 - £100000 per annum: Cameron Kennedy Recruitment: We urgently require f...

Day In a Page

The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

A History of the First World War in 100 Moments

The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

New play reveals what Oscar Wilde said at trials

For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
Can scientists save the world's sea life from

Can scientists save our sea life?

By the end of the century, the only living things left in our oceans could be plankton and jellyfish. Alex Renton meets the scientists who are trying to turn the tide
Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

Richard III review

Martin Freeman’s psychotic monarch is big on mockery but wanting in malice
Hollywood targets Asian audiences as US films enjoy record-breaking run at Chinese box office

Hollywood targets Asian audiences

The world's second biggest movie market is fast becoming the Hollywood studios' most crucial
Grindr founder Joel Simkhai: 'I've found love on my dating app - and my mum keeps trying to hook me up!'

Grindr founder Joel Simkhai: 'I've found love on my dating app'

Five years on from its launch and Grindr is the world's most popular dating app for gay men. Its founder Joel Simkhai answers his critics, describes his isolation as a child
Autocorrect has its uses but it can go rogue with embarrassing results - so is it time to ditch it?

Is it time to ditch autocorrect?

Matthew J X Malady persuaded friends to message manually instead, but failed to factor in fat fingers and drunk texting
10 best girls' summer dresses

Frock chick: 10 best girls' summer dresses

Get them ready for the holidays with these cool and pretty options 
Westminster’s dark secret: Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together

Westminster’s dark secret

Adultery, homosexuality, sadomasochism and abuse of children were all seemingly lumped together
A History of the First World War in 100 Moments: Dulce et decorum est - a life cut short for a poet whose work achieved immortality

A History of the First World War in 100 Moments

Dulce et decorum est: a life cut short for a poet whose work achieved immortality
Google tells popular music website to censor album cover art in 'sexually explicit content' ban

Naked censorship?

The strange case of Google, the music website and the nudity take-down requests
Howzat! 8 best cricket bats

Howzat! 8 best cricket bats

As England take on India at Trent Bridge, here is our pick of the high-performing bats to help you up your run-count this summer 
Brazil vs Germany World Cup 2014 comment: David Luiz falls from leader figure to symbol of national humiliation

David Luiz falls from leader figure to symbol of national humiliation

Captain appears to give up as shocking 7-1 World Cup semi-final defeat threatens ramifications in Brazil