Advanced Appoints New Finance Director
4 Mar 2020
Newcastle-based
manufacturer of intelligent fire systems, Advanced, has appointed Ben Moody as
its new Finance Director.
Based
at Advanced’s headquarters on Balliol Business Park, Ben will be responsible
for developing the company’s global financial and IT strategies as it continues
to expand in the UK and overseas.
Ben
began his career training as an accountant in high-profile investment banks
including Schroders and Salomon Smith Barney. He subsequently moved into the
manufacturing sector, where he has spent the last 20 years in commercial
finance roles for several multinational manufacturers including Herman Miller
and De La Rue.
In
his new role, Ben will leverage the business’ enterprise resource planning system
to bring to the foreground financial insights that will be used to support strategic
commercial and operational decisions. He said: “In the short time I’ve
been at Advanced, I’ve already witnessed the fantastic reputation the company
has in the fire industry. I’m excited to be able to play my part in turning our
ambitious growth plans into reality.
“My
ethos for working in finance is to be commercially focused and to take a collaborative
approach. This way, I believe we are best placed to gather the information we
need to help qualify our business decisions and ultimately deliver greater
value – as a department, and as a business.”
In
2019, Advanced’s turnover increased by 20 per cent to £25million on the back of
particularly strong growth in the UK, Europe, Asia Pacific and Australia.
Advanced’s
Managing Director, Pete Browitt, said: “Ben’s appointment comes at a pivotal
time for Advanced as we continue to invest in new technology and techniques to
help drive business insight. Leveraging financial information through system
automation, data gathering and analysis will play an important part in determining
how we diversify our product portfolio and accelerate our growth.
“Ben’s
manufacturing sector experience and his ability to lead change are attributes
we need to drive our business forward and we are delighted to welcome him to
the Board.”
Advanced
is owned by FTSE 100 company Halma PLC and employs around 180 people making
fire protection solutions trusted around the world for their performance,
quality and ease of use.
Advanced
products protect a wide range of prestigious and high-profile sites in the UK
and around the world – including Durham Cathedral, the Tyne Tunnel and London’s
Shard as well as Abu Dhabi International Airport and the Hong Kong – Macau –
Zhuhai Bridge.
Advanced
is a world leader in the development and manufacture of intelligent fire
systems. Advanced’s reputation for performance, quality and ease of use see its
products specified in locations around the world, from single-panel
installations to large multi-site networks. Advanced’s products include
complete fire detection systems, multiprotocol fire panels, extinguishing
control, fire paging and false alarm management solutions.
Halma is a global group of life-saving technology
companies with a clear purpose to grow a safer, cleaner, healthier future for
everyone, every day.
Ben Moody, Advanced's FInance Director
Advanced Electronics Ltd
The Bridges
Balliol Business Park
NE12 8EW
Newcastle Upon Tyne, Tyne & Wear
United Kingdom
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