Appointments

Adeel Ahmad named CFO of Exa Infrastructure

Adeel Ahmad - Exa 16.9.png

Exa Infrastructure has appointed Adeel Ahmad as its chief financial officer (CFO).

Ahmad, will be based at Exa’s London HQ, bringing to the position a long track record of financial leadership success in technology and telecoms businesses. In this new role, Ahmad will be responsible for financial planning, accounting, tax and treasury as the business plans for further growth and investment.

“Adeel’s experience and qualities are ideal for leading our financial function as we pursue our growth strategy and maintain a sharp focus on delivering the infrastructure services that our customers need,” said Martijn Blanken, chief executive officer of EXA Infrastructure.

“As we invest in new routes and technologies and increase the quality and sophistication of our customer service capabilities, he will play a pivotal part in the growth of our business as we continue to build out our leadership team.”

Before joining Exa Infrastructure, Ahmad worked for ADVANZ PHARMA, a pharmaceutical company, where he also served as CFO. During his tenure, Ahmad was instrumental in setting the strategic direction for ADVANZ, streamlining the business and playing a lead role in its $2.1 billion sale in 2021.

Prior to ADVANZ, he served as CFO of the Indian operations of Ingram Micro Mobility, formerly BrightPoint, based in India. He previously held several senior finance roles at Nortel Networks, based in Canada and South Korea.

“EXA is a young company with such strong potential, given the market demand for core infrastructure services and the willingness of the business to invest in the network," said Ahmad.

"We have an assertive growth strategy, an expert team and network assets that set us apart.”

EXA Infrastructure was formed in September 2021, after its European subsea and North American network infrastructure and data centre assets were acquired by investment firm, I Squared Capital.

At the start of the year, Exa announced plans for a two-year overpull upgrade for its pan-European networks, starting with a key backhaul route in Spain.

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