Goldman Sachs Director is new BBC Worldwide CFO

BBC Worldwide today announced that it has appointed Neil Chugani as its Chief Financial Officer.

Neil Chugani joins BBC Worldwide from the Investment Banking Division of Goldman Sachs International where he was an Executive Director.

Previously he served in a number of senior roles at BSkyB including Director of Corporate Finance, IR and Treasury and deputy to the Chief Financial Officer, and Deputy Head of Strategic Planning.

Neil will lead the financial team at BBC Worldwide, which in 2006/07 posted profits of GBP111.1 from revenues of GBP810.4m – a threefold increase in profits in just three years. He will be responsible for leading and developing all aspects of BBC Worldwide’s financial strategy, in particular the development of the five year growth plan.

John Smith, Chief Executive, BBC Worldwide said: “I am delighted that Neil is joining the Board at BBC Worldwide. He brings tremendous financial, strategic and negotiating expertise to our team and joins us at a really exciting time of our international development.”

Neil Chugani, said: “This is a fantastic opportunity. BBC Worldwide is a dynamic and fast growing business with operations and partnerships around the world. The recent acquisition of Lonely Planet demonstrates the ambitions of BBC Worldwide and I am looking forward to playing a major part in the business achieving its strategic and financial goals.”

Neil will join BBC Worldwide in December 2007.