Bango PLC (AIM:BGO, OTCQX:BGOPF), the AIM-listed subscription technology company, has appointed Duncan Magrath as a non-executive director and audit committee chair effective immediately.
Magrath steps into the board role bringing a strong track record of financial leadership across both listed and private companies spanning several decades.
He currently serves as chief financial officer of Alfa Financial Software, the FTSE 250 lending and leasing software group, a position he has held since 2020.
His appointment comes as Cambridge-based Bango accelerates its push to capitalise on the growing subscription bundling market, where mobile operators package services such as streaming and music together.
Magrath brings broad expertise across financial reporting, treasury, investor relations, governance, and risk management at organisations of varying size and complexity.
Before joining Alfa, he served as group finance chief at Brammer, where he guided the industrial distributor through its transition from public to private ownership.
That transition eventually saw the company rebranded as Rubix through a series of strategic acquisitions, marking a significant period of corporate transformation under his financial leadership.
Magrath also spent seven years as group CFO at Balfour Beatty, the major construction and infrastructure group, adding deep sector experience to his already extensive credentials.
He began his career at Price Waterhouse, where he qualified as a chartered accountant, laying the professional foundation for his subsequent senior executive roles.
Darcy Antonellis, chair of Bango, said Magrath’s financial management and governance expertise would support the company’s strategic initiatives and growth.
The appointment strengthens Bango’s board at a moment when the subscription bundling sector is attracting significant commercial interest from mobile operators and digital service providers worldwide.
Bango’s platform sits at the intersection of technology and commerce, enabling large-scale subscription services to be packaged and distributed through carrier billing and other payment channels.
