Feedback PLC (LON:FDBK) announced the appointment of Anesh Patel as chief financial officer of its trading subsidiary, Feedback Medical Limited.
Patel will start his new role with immediate effect as part of a succession planning programme following Lindsay Melvin’s decision to retire during the second half of 2021.
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Patel and Melvin will work together in the coming months to ensure a smooth and orderly transition, the specialist medical imaging technology company said.
Patel joins Feedback Medical from hVIVO Limited, a subsidiary of AIM-listed clinical services provider Open Orphan plc (LON:ORPH), where most recently he was finance & corporate projects director.
Prior to hVIVO, he spent seven years in investment banking where he specialised in corporate finance advisory services, at leading banks including Société Générale and Standard Bank.
“He brings a wealth of wide-ranging corporate and commercial finance experience and will provide a safe pair of hands as we begin the process of succession planning following Lindsay’s notice of retirement,” chairman Rory Shaw said in a release.
“Lindsay will be very much missed, but we believe that in the coming months, together they will set the Company in good shape to build its future – based on the company’s flagship clinical communications platform, Bleepa.”
Shares rose 1% to 1.29p on Thursday morning.