IN BRIEF: BT promotes head of Openreach to CEO of BT International

BT Group PLC - London-based telecommunications operator - Promotes Clive Selley to be chief executive officer of BT International, replacing Bas Berger, who is leaving BT on April 1 after 18 years with the company. Selley is CEO of Openreach, a subsidiary of BT that is managed at arms length due to its role in operating the UK’s telecom cable network. Selley will in turn be replaced as the head of Openreach by its deputy CEO, Katie Mulligan. BT Chief Executive Allison Kirkby says Selley is ‘the best person to lead BT International forward as a next generation, global telco platform business. No one has more experience building complex modern day infrastructure and supporting customers at scale in their digital transition. I’m delighted he’s staying within BT Group.’

Current stock price: 201.70 pence

12-month change: up 35%

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