Ethnic MVNO Lycamobile has appointed Peter Ward to the position of chief financial officer.
Ward will be responsible for leading the financial management of the Lycamobile brand including spearheading mergers and acquisitions, cost and financial management, corporate governance and leading MVNO contract negotiations.
He joins the company from Tesco where he held the positions of commercial financial director for petrol/energy and also telecoms financial director in conjunction with the category director for branded telecoms. Prior to this he was financial director for Tesco Mobile from its interception. Ward also held the position of group financial controller at O2 before joining the retailer.
Lycamobile chief executive officer Milind Kangle (pictured) said: “Peter’s addition to the leadership team will accelerate Lycamobile’s momentum to the global leader in the international calling mobile business. We will continue to make the right investments in people to ensure that Lycamobile continues to benefit from industry best practices and achieve its mission of being a benchmark MVNO business model.”