Balfour Beatty Group promotes Duncan Magrath to FD

Balfour Beatty has announced the appointment of Anthony Rabin, currently its Finance Director, as Deputy Chief Executive of Balfour Beatty plc. In this role, he will take responsibility for the management and development of the Group’s infrastructure investment businesses in the UK, Europe, South-East Asia and the US, including direct line management responsibility for GMH. He has been Finance Director since 2003, following five years in which he was responsible for the successful establishment of the Group’s UK PPP business.

He will be succeeded as Finance Director by Duncan Magrath, Deputy Finance Director of Balfour Beatty plc since March 2006, who will join the Board. Duncan Magrath, who is 43, is a Chartered Accountant and a graduate engineer. He joined the Group from Exel plc where he was Director of Investor Relations and Financial Strategy. Prior to that, he carried out a number of senior finance roles in both the UK and in the US. He spent the early part of his career at Price Waterhouse.

These changes will become effective on Monday 31 March.