G4S has appointed Martin Taylor as group chief information officer (CIO), a newly-created role.
Effective today, in his new role, Taylor will be responsible for developing and implementing the security firm’s IT strategy. This includes establishing global standards for infrastructure and applications, and “globalising” the IT organisation and investment.
G4S recently lost the controversial electronic tagging contract it had with government to Capita, after it was revealed that billing practices carried out by the firm led to the Ministry of Justice being overcharged by millions of pounds. G4S carried out a review of its business and strategy and concluded that it needed to restructure its IT function to deliver cost efficiencies.
Taylor joins from Barclaycard, where he has just completed a major transformational project, according to G4S.
His background also includes CIO positions at EMI Music, Cable and Wireless and LCH Clearnet.
Himanshu Raja, G4S group chief financial officer (CFO), said: “In November, we said that a key component of our strategy was our need to develop a global IT strategy to deliver cost leadership and to strengthen our resource and capability in the global functions.
“We are delighted that Martin is joining us in this new role to lead this change. He brings with him a wealth of relevant IT experience at a senior level.”
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