EU and US could reach trade deal this weekend - Reuters
LONDON - BATM Advanced Communications Limited (LSE:BVC; TASE:BVC) announced Monday that Leor "Lior" Miles has been appointed as Chief Financial Officer, replacing Ran Noy who has resigned from the position and as a director with immediate effect.
Miles, who previously served as VP Finance at BATM from 2015-2021, returns to the company with over 15 years of financial management experience in the technology sector. He most recently worked as Group CFO at Kenes Group, where he managed financial operations across 18 locations on four continents.
Noy will remain with the company for a transition period to ensure a smooth handover, according to the company statement.
BATM expects to appoint Miles to its board of directors, subject to shareholder approval at an upcoming general meeting in accordance with the Group’s articles of association and Israeli Companies Law.
Dr. Gideon Chitayat, Chairman of BATM, thanked Noy for his contribution during a period of business transformation and operational improvements.
The company, which provides network infrastructure, cybersecurity and diagnostic technologies, stated that business continues to progress well despite current geopolitical tensions in the Middle East, with no material impact expected from the escalation of events in the region.
The announcement was made in a regulatory statement to the London Stock Exchange (LON:LSEG).
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