London ISP G.Network Hires Former Chief Financial Officer of TfL
UK ISP G.Network, which is busy investing £1bn to build a 10Gbps capable Fibre-to-the-Premises (FTTP) broadband network across London and beyond (here), has hired the former Chief Financial Officer (CFO) of Transport for London (TfL) – Simon Kilonback – to take on the same role within their company.
Simon has worked at TfL since 2009, and previously served as Group Treasurer and Corporate Finance Director. Before TfL, he worked at Lloyds Banking Group, HBOS, WH Smith and Sony. His knowledge of financial and infrastructure matters is seen as something that could be a significant asset for G.Network. Simon will formally take up his new role in May 2022.
At the last update in August 2021, G.Network had managed to cover over 240,000 premises in the UK’s capital city, and their longer-term aim is to reach a total of 1.4 million homes and businesses by around the end of 2026. The latest information that we’ve been given is that they’ve now passed 300,000 premises!
Sasho Veselinski, G.Network CEO, said:
“Simon’s arrival marks a new chapter for G.Network. With the company growing strongly, we are delighted to have attracted an industry-leading CFO to join our team. We look forward to him commencing his role in the coming months.”
End.
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook and Linkedin.
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Considering how terrible TFLs finances are, this just screams hiring an overpaid C level just to impress gullible investors
Remember that under BoJo, TfL started to get in shape… it went down hill again when Sadiq became mayor.
So they’ll be burning money left right an centre yes?
Ah stop it, Khan took credit for Johnson improving the tube and introducing 24hr tube lines. He thinks we’ve all got a 10 second memory and we’ll just jump at whatever he says. He’s not a good mayor of London. The London Assembly told him about his problems, he swore at them and then he did an Ian Blair and said remove me if you can…
It beggars belief that Londoners vote for this man. I presume it’s either the fact he’s labour or it’s his ethnicity .. because it sure isn’t his skill in the job.
Yeah, you kinda have to laugh at the current TFL strikes.
A bunch of train drivers, employed on £50-70kpa to explicitly work night shifts, striking because their employer didn’t run a night service for 2 years (COVID) and now wishes to get the same staff to actually work a night shift.
For the regular workers being asked to work a night shift once every 4 months, for £60kpa, many London workers would happily drive the night shift train wearing a ballerina outfit, if called upon.
@JmJohnson you sure about that? Are you aware of the severe hang-overs they had with CrossRail and other significant projects due to considerable mismanagement for years under Boris. I was funny how Boris shut down the MPBU (major projects business unit) at the start of his tenure, basically chucking away years of consultancy documents and then a few years later tried to restart most of the schemes (admitted minus the tram projects!). Boris even spent a lot of money to research the viability of “Boris Island” and how was that paid for?
In regards to current TfL finances, it’s not exactly the current Mayors fault that a lot of the funding for projects that Boris put in place were demand-led and because of Covid the demand evaporated. But yeah, let’s just blame the current mayor as he’s not a Toryboy!
JmJohnson – total nonsense. Johnson left Khan with a £1.5 billion deficit excluding central government subsidy in 2015/16. It was 2/3rds lower than that before the pandemic hit.
TfL’s financials are public record. Try reading them rather than just drinking in what politicians and the press tell you because you like it.
If you’ve some ire direct it towards central government for punishing London for having the temerity to not elect a Conservative. Bribing us with our own money and indeed taking it from us for voting the ‘wrong’ way is I’d have thought a bigger issue.
^boris left a debt but Khan has multiplied that debt, you tell people to look at the data but you just cherry picked the one that favors your leftist narrative