Iomart Group Finance Director Wins At FD's Excellence Awards

GLASGOW, Scotland--(BUSINESS WIRE)--Richard Logan, the Director of Finance for iomart Group plc (AIM:IOM), has picked up one of the UK’s top financial management awards.

“Richard has played an important role in iomart Group’s strategy of organic and acquisitive growth which has helped us become one of the UK’s leading cloud computing companies. He is a friend as well as a colleague and I look forward to working with him to bring iomart further success.”

Richard was named Smaller Quoted Company Financial Director of Year at the FDs’ Excellence Awards in London last night. The awards, created by Real Business and held in association with the ICAEW and supported by the CBI, are the biggest national programme celebrating excellence in financial management.

Angus MacSween, CEO of iomart Group plc, said: “Richard has played an important role in iomart Group’s strategy of organic and acquisitive growth which has helped us become one of the UK’s leading cloud computing companies. He is a friend as well as a colleague and I look forward to working with him to bring iomart further success.”

Richard Logan was not the only representative from a media and technology firm to scoop an award. Ian Griffiths, chief financial officer at ITV, picked up the prestigious FTSE 100 FD of the Year while FTSE 250 FD of the Year went to Rick Medlock, CFO of mobile satellite company Inmarsat.

Michael Izza, Chief Executive of ICAEW, said: “An award-winning FD is not just a financial controller; working closely with the CEO they play an integral role in developing and implementing company strategy. A knowledgeable and inspirational FD that demonstrates leadership and influence is as essential to the success of a business as a tenacious and visionary CEO. The FDs' Excellence Awards are a fantastic way to recognise those FDs that are making a real difference to British businesses."

iomart Group owns and operates data centres at seven locations across the UK connected via a high speed fibre network and specialises in the delivery of bespoke cloud and managed hosting. This week iomart announced that it has been selected for G-Cloud iii Framework, the latest iteration of G-Cloud, the pre-approved group of Cloud ICT suppliers to the UK Government.

iomart will be a supplier of cloud services under Infrastructure As A Service (IaaS); Platform As A Service (PaaS); and Software As A Service (SaaS) for the CloudStore ICT catalogue which the UK Government has established to encourage the adoption of cloud computing by the public sector.