Partner Article

Vital Group appoints Cécile Parker as Chief Financial Officer to drive decarbonisation agenda

Energy services company Vital Energi Group have announced the appointment of Cécile Parker to the role of Chief Financial Officer to help drive its business growth and decarbonise the UK’s energy systems.

Cécile has a wealth of multinational board-level experience, with a track record of raising funds to enable growth organically and through mergers and acquisitions. She enjoys strong relationships with private equity firms, major banks, financial institutions and global payment providers.

Her appointment is described by the company’s CEO as a strong signal of plans for “transformational growth”, as it looks to expand its offering from being a delivery partner to being an asset owner.

Based in Blackburn, Lancashire, and with offices in Scotland and London, the Vital Group provides multi-technology generation, distribution and consumption solutions to healthcare, education, industrial, commercial, local authorities and residential sectors in the UK.

Cécile Parker has been working as CFO at Europe’s largest supplier of industrial maintenance, repair and overhaul products and services, where she was instrumental in turning the business around and doubling the company’s profitability.

Previously she was Group Finance Director at a critical asset business which provided commercial laundry, catering and heating solutions. She has also served in senior finance roles in the construction, telecommunications, food and drink industries, and is a two-time winner of the Industrial Engineering CFO of the Year award.

According to Cécile Parker: “The Vital Group has a huge opportunity to drive forward the decarbonisation agenda in the UK. I’m relishing the opportunity to help steer the company in a bold new direction - a direction that is of increasing interest. The UK has ambitions to achieve net zero carbon emissions by 2050 and within the Vital Group we have the expertise to help develop the low-carbon energy infrastructure required. It’s an important moment to be joining a company that has a big role to play.”

Ian Whitelock, Chief Executive Officer of the Vital Group, said: “Cécile has been appointed to help us with our transformational growth plans. Her financial experience across a range of multinational companies aligns with our ambitions to become a renewable energy asset owner, not just a delivery partner. The need to accelerate the transition to low-carbon energy becomes clearer with every day, and Cécile’s appointment signals how seriously we are taking this journey. She joins as a member of the senior leadership team to help grow and diversify the business.”

Operating in the energy market for over 30 years, the Vital Group has 550 employees across the UK. The company is building the energy infrastructure that will help the UK achieve its decarbonisation targets and has a turnover of £250million and a future order book of over £500million.

This was posted in Bdaily's Members' News section by Gordon Coates .