Wood Group appoints interim CFO

(Sharecast News) - Wood Group said it had appointed Iain Torrens as interim chief financial officer, replacing Arvind Balan who resigned last week after inaccurate claims about his professional qualifications. Torrens, who will also join the board as an executive director, effective immediately is a fellow of the Institute of Chartered Accountants in Ireland and was previously CFO at several UK public companies, including telecoms group TalkTalk and financial services provider ICAP.

Reporting by Frank Prenesti for Sharecast.com