- Managed services group Maintel said it had appointed Ioan MacRae as its new chief executive.

MacRae was previously managing director for UK and Ireland at communications group Avaya.

'Ioan is the perfect candidate to lead the next phase of Maintel's development,' chairman John Booth said.

'He has significant experience in our sector and a track record of leading successful businesses through times of transition and high growth.'

At 1:05pm: [LON:MAI] Maintel Holdings PLC share price was -5p at 427p

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