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De La Rue Names Ex-Greenergy Executive Jitesh Sodha as New CFO

De La Rue Plc, the world’s biggest printer of banknotes, appointed former Greenergy International Chief Financial Officer Jitesh Sodha to oversee its finances following the departure of Colin Child.

“Jitesh’s wide ranging financial and commercial experience gained within a number of large international businesses will be an asset to the company,” Chairman Philip Rogerson said in a statement on Thursday.

De La Rue is cutting costs and investing in higher margin financial security products after the Basingstoke, England-based company missed sales estimates for the year ending March. The shares have gained 3.8 percent in 2015, valuing the company at 547 million pounds ($858 million).

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