- CPPGroup intends to appoint Stephen Callaghan as its interim chief executive, once regulatory approval is obtained.

He will report directly to Eric Anstee who will, revert to non-executive chairman. The board will continue its search for a permanent CEO.

CPP says Callaghan brings more than 25 years of business experience to the group. He has established a strong reputation for leading international business transformations, and he has relevant experience in growing technology-enabled customer service businesses. Anstee said: "We are delighted to have secured Stephen Callaghan as our proposed interim Chief Executive. Stephen has a proven track record in delivering successful business performance, achieved through commercial rigor, strategic alignment and focused execution. His leadership skills and depth of experience in will help us drive forward our digital-led strategy and I look forward to working closely with him."

At 9:15am: [LON:CPP] CPP Group PLC share price was +0.34p at 4.93p

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