IndigoVision confirms appointment of Pedro Simoes as CEO

AIM-listed IndigoVision has confirmed the appointment of Pedro Simoes as chief executive officer with immediate effect.

Simoes, who was initially appointed senior vice president of Global Sales in October 2017, took over as interim CEO in November. He is an experienced global sales leader in the security industry, with over 13 years’ experience in the sector. Before joining IndigoVision, he spent nearly six years with Avigilon Corporation, where he was ultimately responsible for leading its global salesforce and driving revenue worldwide.

Chairman George Elliot said: "I am delighted to be able to announce Pedro's appointment as chief executive officer of IndigoVision. We believe he is the right leader to drive the group's sales and increase profitability by focussing on innovative security solutions for our customers."

At 1105 GMT, the shares were down 2.4% to 123.51p.