ITC Secure Networking Adds BP Exec Richard Paniguian to its Board

Richard Paniguian steps into a new Non-Executive Chairman role at ITC after a lengthy career at BP.

ITC Secure Networking, a provider of IT and managed infrastructure services, has fortified its board with the addition of Richard Paniguian as a Non-Executive Chairman, per a group statement.

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Mr. Paniguian steps into the new position at ITC Secure Networking’s Board after a highly decorated career at British Petroleum Group for over thirty-seven years. During this time he held senior level roles in the company’s marketing, oil trading and finance departments, also serving as its Group Vice President.

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Previously, Mr. Paniguian worked for the British Civil Service as Head of the UKTI Defence and Security Organisation. Regarding current roles, he’s an acting Senior Partner at C5 Capital, which acquired ITC back in November 2016. He will be stepping into his board position with immediate effect.

According to Tom Millar, Chief Executive Officer of ITC, in a statement on the appointment: “C5’s guidance and expertise has been of crucial importance to us as we continue our ambitious journey to become the leading MSS provider in the industry and help companies protect themselves from cybercrime. We welcome the addition of Sir Richard to lead our Board and I look forward to working with him.”

“It is an exciting time for cybersecurity and the technology industry. Cybercrime has never been a more present threat and all companies and major public and private sector organisations need to be aware of the significant threats that they are facing. This represents a great opportunity for ITC and I am pleased that I will be working with them to help them in this new phase of their growth,” explained Mr. Paniguian, in an accompanying statement.

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