Edinburgh-headquartered agritech business Intelligent Growth Solutions (IGS) has welcomed Sarah Willis into the role of Chief Financial Officer.
The vertical farming company says that Willis’ appointment reflects the “need for substantial transactional and commercial financial experience” to support a new “global growth strategy” in the market.
National food security strategies are now being formed in countries around the world, meaning there is an increasing emphasis on sustainable food production.
Vertical farming is fast becoming an important industry, generating significant levels of interest from customers, consumers, and investors worldwide. IGS says that its strategic position “fits very well” with these developments enabling the company to enter multiple regional markets this year.
Willis’ role will be pivotal as the company looks to expand its operating base over the coming 12 months, the firm says, ensuring “operational support, corporate governance and reporting structures are fit for purpose”.
Commenting on her new position, Willis said: “The opportunity to be part of a business like IGS is really exciting. The combination of the talented team, the incredibly innovative technology and the prodigious industry growth were compelling for me.
“The company has achieved remarkable progress to date, reflecting its purposeful approach and hugely passionate team. I believe strongly in the guardianship of the planet – we must leave it in a better place for the next generation – and businesses like IGS are genuinely committed to this belief and have embedded this in their approach so well.
“I am delighted that I can be part of this ambitious team to help support a positive evolution in food production for the future.”
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Willis joins IGS from Spirit Energy, where, as Head of Finance Operations, she was responsible for the financial integrity of the company which generated over £1bn of revenues.
In her new role, she will be responsible for the company’s financial management, HR, admin support and new office development, working closely with IGS CEO David Farquhar and the board.
Farquhar commented: “Sarah is a hugely welcome addition to the leadership team at IGS, as we seek to further diversify and expand the talent across our organisation. She joins our business at a crucial and pivotal point in our evolution, bringing us a fresh perspective from the energy industry particularly, whilst expanding her own capabilities and leadership skills in her first CFO role.”
He continued: “The IGS growth curve is steepening sharply, and Sarah’s appointment demonstrates our commitment to deliver optimum results for our investors, customers and partners.
“Sarah’s international experience is world-class, given her career in highly regulated, quoted companies across multiple geographies. Her leadership will be vital in helping us efficiently manage significant expansion.”