Liberata, a UK based provider of outsourcing services to the pension fund industry, announced the appointment of Sir Andrew Foster, who retired as Chief Executive of the Audit Commission in August 2003, as Non-Executive Director to its board.
This addition follows last year’s appointment of Geoff Unwin, formerly of Cap Gemini Ernst and Young, as Non-Executive Chairman, as well as Greg Lock and Tony Hobson as Non-Executive Directors.
“Sir Andrew is a valuable addition to the Liberata Board,” says Unwin. “He brings considerable experience of both central and local government, which is directly relevant to Liberata, given that a material proportion of our business is with the public sector.”
In addition, the company announced that the private equity group General Atlantic Partners made an additional 28 million investment in Liberata, following their initial 160 million investment in 2002.
Glenn Timms, Chief Executive Officer of Liberata adds: “Sir Andrew has an in-depth understanding of public sector performance improvement and best practice and where related programmes have been effectively implemented. I look forward to Sir Andrew’s contribution in this regard and in particular in helping to further develop our approach to service delivery.”