IQ-EQ is pleased to announce the appointment of Brian McArthur-Muscroft as our new Group Chief Financial Officer. In this key senior leadership position, responsible for the financial wellbeing of IQ-EQ, Brian will join our Group Management Team and Group Supervisory Board and will contribute to strategic decision-making.
Prior to joining IQ-EQ, Brian was Chief Financial Officer for financial intelligence innovator Qontigo. He was also formerly the Group Chief Financial Officer for Micro Focus International plc, a FTSE100 global infrastructure software company.
Brian was CFO at Paysafe Group plc and led the business to a FTSE 250 listing on the LSE Main Market in December 2016, followed by the successful sale of the business to Blackstone and CVC in 2018. Before Paysafe, Brian was Group Finance Director at Telecity Group plc where he led the successful IPO of the business.
An esteemed professional in his field, Brian was chosen as Business Week’s Finance Director of the Year in 2017 and 2013 and ICAEW’s FTSE 250 Finance Director of the Year in 2021. A restructuring specialist, Brian was the interim CFO on the successful turnaround of MCI Worldcom EMEA. He is also a NED and Chair of the Audit Committee at Capita Plc.
He holds a law degree and is a qualified chartered accountant with PricewaterhouseCoopers in London.
This news notably follows the announcement that our current Group CFO, Eric Fady, will retire at the end of 2023 after almost eight years of invaluable service to IQ-EQ. Brian and Eric will work closely together throughout the remainder of the year to ensure a smooth and successful transition.
Commenting on Eric’s departure, IQ-EQ’s Group Chief Executive Officer, Mark Pesco, said: “Eric has played a hugely significant role in our growth journey to date and will be sorely missed, so I’d like to take this opportunity to both welcome Brian on board and say a heartfelt thank-you to Eric for his incredible contribution over the past several years.”
On Brian’s appointment, Mark continued: “The role of Group CFO is crucially important to any business and replacing someone of Eric’s expertise and professional standing was not an insignificant task, so I’m delighted we’ve found such a worthy successor in Brian. He has excellent credentials to guide us through our next stage of profitable growth and I look forward to working closely with him as we prepare for this next phase and develop our new five-year strategic plan.”