Brady appoints Chief Technology Officer

London - 26 March 2012

Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals, energy and soft commodities, has announced today that Jon Hobbs has been appointed to the role of Chief Technology Officer of Brady plc.

Brady has seen tremendous growth in recent years, organically as well as through acquisition, and has diversified from being a trading and risk management solution provider in the niche metals derivatives space to a company with more than 250 customers. Brady now provides fully integrated and complete solutions which support the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, soft commodities and agriculturals.

With this growth and diversity, the need has arisen for a highly experienced CTO to define group technology strategy, align this with business goals and to articulate the strategy to clients and partners. The CTO’s job is to guarantee that the most advanced technologies and latest innovations are employed across the Group.

Jon has gained over 20 years’ experience delivering software solutions to customers in the financial services space. He has worked for Brady plc for the past 17 years, most recently heading up the Brady Metals Development team. During this time he has led initiatives to define, execute and articulate Group technology strategy, aligned that strategy with industry trends and best practices and driven the adoption of a Service Oriented Architecture across the Group.

Gavin Lavelle, CEO of Brady plc commented: “I am delighted to appoint Jon to the role of Chief Technology Officer. One of the most important roles in the company now is to leverage the enlarged technology team which we have and optimize on development strategies which can be deployed across the Group. Jon’s responsibilities will include developing and articulating Group technology strategy through collaboration with colleagues, technology partners, analysts and clients.”

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