ITC Secure Networking appoints Sir Richard Paniguian as Non-Executive Chairman

Former UK Trade & Investment Head of Defence and Security brings his considerable management experience to the Board of ITC

ITC has recently announced the appointment of former British Petroleum (“BP”) Group Vice President and UK Trade & Investment (“UKTI”) Defence and Security Head Sir Richard Paniguian as Non-Executive Chairman.

Sir Richard brings a wealth of global business experience to his new role at ITC. Over his 37 years at BP, he held senior positions in Marketing, Oil Trading, Finance and Shipping before he became BP’s Vice President for Gas and Power for the Middle East. In 2002, he was appointed Group Vice President for BP as a whole. Following this, in 2008, Sir Richard joined the British Civil Service as Head of the UKTI Defence and Security Organisation. He remained in this position until 2015. He is currently a Senior Partner at C5 Capital, which acquired ITC in November 2016.

Tom Millar, Chief Executive Officer of ITC said, “C5’s guidance and expertise has been of crucial importance to us as we continue our ambitious journey to become the leading MSS provider in the industry and help companies protect themselves from cybercrime. We welcome the addition of Sir Richard to lead our Board and I look forward to working with him.”

Sir Richard Paniguian, Chairman of ITC said, “It is an exciting time for cybersecurity and the technology industry. Cybercrime has never been a more present threat and all companies and major public and private sector organisations need to be aware of the significant threats that they are facing. This represents a great opportunity for ITC and I am pleased that I will be working with them to help them in this new phase of their growth.”

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