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NG Bailey chief exec departs

NG Bailey chief executive Mark Andrews is to step down, the firm has announced.

Chief financial officer Chris Newton is stepping up as acting CEO, the said in a statement today.

Mr Newton joined NG Bailey in 2002. A CIMA-trained accountant, he has worked for Tate & Lyle and Britspace Modular Systems.

He has been chief financial officer and a member of the NG Bailey Board since 2004.