Binning gets coveted FD job at Hanson

Hanson PLC, the international building materials group, is has announced the appointment of Pavi Binning as Finance Director. Pavi, 46, will take up his role on 2 January 2007, at which time he will join the Board of Hanson.

Most recently, Pavi worked as Chief Financial Officer at telent plc, formerly Marconi Corporation plc, where he was a main Board director. Pavi played a key role in the successful restructuring of Marconi’s balance sheet, in the disposal of the majority of Marconi’s business to Ericsson, in securing the UK pension plan and in establishing telent plc in its market. Prior to joining Marconi in 2003, Pavi worked for Diageo plc for 17 years in a number of senior corporate and operational finance roles. He is a member of the Chartered Institute of Management Accountants.

“Pavi will make an excellent contribution to Hanson,” said Mike Welton, Chairman of Hanson. “We are fortunate to have been able to choose from some very high quality candidates.”