New Skipper Takes the Helm Of Sinking Raft
ORGANIZATION AND STRATEGY
LONDON--Raft International, the UK-based banking and energy risk management software vendor, is replacing its chief executive following the announcement of dismal financial results for the six months ending April 30. It is also focusing more on energy risk management rather than banking in an effort to improve its results.
Raft will replace CEO Frank Mobjerg with former JP Morgan managing director Derek Hall, who joined Raft in January as a non-executive director, effective in August. Hall has
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