Smith starts next week. He joins from Saft Group, also owned by Doughty Hanson, which manufactures batteries for industrial and defence applications. Smith joined Saft as chief financial officer in 2005.
Moulding is leaving to focus on non-executive roles and investments in the e-commerce sector. 20:20 chief executive Meinie Oldersma said: “Matt has made an outstanding contribution. We welcome Nick to the group. He has a wide range of industry experience and a strong record in driving improved business performance.”