City briefs: Clean Power Hydrogen and Leeds Building Society

Clean Power Hydrogen (CPH2), a Doncaster-based green hydrogen technology and manufacturing company, has promoted Arash Selahi to the position of chief operating officer.

Selahi has been the company’s head of operations since May 2022 and has an extensive background in managing industrial manufacturing facilities in a range of sectors.

He will be focused on leading the safe and sustainable operations of the business through the development and implementation of the most efficient processes possible for the delivery of the company’s product to the market.

Further to previous announcements, the business has also confirmed that James Hobson has taken up his role of chief financial officer and executive director. Clive Brook has now retired from his role as CFO and as a director of the company.

CPH2 is also in the process of identifying a new chief technical officer to join in early 2023 and further supplement the strengthened management team.

Jon Duffy, chief executive officer, said: “We are pleased to announce the promotion of Arash to his role as the group’s chief operating officer and to welcome James in his role as chief financial officer.

“Both roles will aid in further strengthening the senior management of the company and will enhance our structure as we upscale the business to deliver on our existing order book and the increasingly strong indication of interest in our products that we are seeing.

“I’d like to express the Board’s sincere thanks and good wishes to Clive for his hard work and commitment in seeing the company through its early development and the rigorous IPO process.”

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Leeds Building Society says Lynn McManus, non executive director and chair of its Remuneration Committee, will be departing in the New Year.

She will be beginning a full-time executive role at another financial institution.

The building society adds that Annette Barnes, who is an existing NED and member of the Remuneration Committee, will take on the role of chair of this committee – subject to regulatory approval.

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