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25 January, 2006 - 21:47 By Staff Reporter

New chairman for AVEVA

AVEVA Group plc, one of the world’s leading providers of engineering data and design IT systems, has unveiled its new chairman-elect.Nick Prest CBE is initially serving as deputy chairman but will succeed Richard King as chairman when he retires on March 31.

Prest spent his early career at the Ministry of Defence before joining Alvis Plc where he became marketing director and then chief executive.

He also became chairman of Avimo Group, an international electooptics group headquartered and quoted in Singapore in which Alvis held 42.5 per cent shareholding.

He became chairman of Alvis in 1996 and served as chairman and chief executive until 2004.

He has also held a number of appointments in the wider defence industry, including serving as chairman of the Defence Manufacturers’ Association and vice-chairman of the Defence Industries Council.

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