London ‘still centre’ of EMEA despite Brexit, says new NTT head
NTT Ltd has chosen London as its headquarters due to the city's "global" status in the centre of the EMEA region and a "limited" impact by Brexit, one of its 19 new global leadership executives has revealed.
Speaking to Capacity, NTT Ltd’s senior executive VP, ICT Infrastructure Services, Masaaki Moribayashi (pictured below), said that the UK city was chosen from a list of several contenders before NTT Ltd launched this month.
“London is a global city and, even with Brexit, London is still the centre of EMEA [Europe, Middle East and Africa],” commented Moribayashi. “It’s easy to communicate in English and we can easily hire global, international people.
“London and the UK support this move. The impact of Brexit, for us, is limited. It’s not [the situation] like with manufacturers, banks, or other such companies. For us, the impact of Brexit is at a minimum.”
No official statement had been made since Capacity last reported a new HQ. However, Moribayashi confirmed the details, adding that he would visit London in August.
Moribayashi, who is now responsible for driving growth and delivery of NTT Ltd’s IT Infrastructure Services portfolio, including data centre, cloud, voice and video, and networks, added that the new structural changes to the company have taken place without implementing a redundancy programme.
“Our business is growing, so we’ve shifted our resource from one area to another,” said Moribayashi, who explained that one of the main reasons NTT integrated is to formalise a “one NTT concept” to stop any confusion regarding its divisions.
An internal change that took place before the new brand launch was the integration of NTT’s cloud teams, which merged into one unit “to avoid duplication”, said Moribayashi, adding that the new form will provide NTT Ltd with the opportunity to migrate development centres and operations.
“With this integration, NTT Com, Dimension Data and NTT Security create a one-stop-shop for the client,” added Moribayashi. “NTT Ltd will provide all the networks, security products and services, equipment and maintenance. In one stop, we can provide.”
NTT Ltd's old business trading name of NTT Com is now exclusively used for its business in Japan.