GB Group plc has recently announced that Chris Clark, its current CEO, will be retiring at the end of January 2024. The company, which specializes in developing digital location, identity, and identity fraud software, has selected Dev Dhiman as the new chief executive designate following a rigorous selection process by the nomination committee. Clark will be available to advise the company until 30th July next year.
Dhiman joined GBG in November 2020 as the managing director for the Asia Pacific region. During his tenure, the APAC business consistently delivered year-on-year revenue growth. Before that, he spent 12 years at Experian. The board expressed thanks for Clark’s significant contribution over the last seven years and his dedication, which will be missed by everyone at GBG.
Chair Richard Longdon said, “I am delighted to be able to announce Dev’s appointment as CEO designate. During our selection process, it was clear that Dev’s deep understanding of GBG, its markets, and potential make him the ideal leader to replace Chris. We are confident that he will work together, with the excellent executive team, to lead GBG through the next phase of its evolution.”
Earlier this year, GBG announced a rise in annual revenues and profits. The company has been making strides in developing cybersecurity solutions to combat identity thefts. As such, GBG’s future looks bright with Dhiman’s appointment as the new CEO designate.