Editor's Review

  • Scangroup Plc Board has suspended CEO Bharat Thakrar
  • Mr Thakrar was suspended over allegations of gross misconduct alongside the CFO Satyabrata Das.

Scangroup Plc Board has suspended CEO Bharat Thakrar and CFO Satyabrata Das.

The duo was suspended over allegations of gross misconduct and possible offences in their capacity as senior executives and employees of the Company.

“The Board has delegated authority to an interim Chief Operating Officer Mr Alec Graham to ensure continued management of the company with the support of the Board and senior executives of the company’s subsidiaries,” the company said in a statement.

On Friday, February 19 2021, the Board said Alec Graham has over 25 years of experience in the advertising and communications business working with various companies in the WPP plc group.

Further, the Scangroup Board said it will consider the appointment of an interim chief financial officer for the company.