Managing Your Cash Flow

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Tim McKinlay is no longer interim chief financial officer of diversified hospitality and leisure company India Hospitality. Meanwhile, Raghavendra Agarwal, previously senior vice-president of finance for Mars Restaurants, has been promoted to corporate financial controller for the firm.

Robert Smeeton has been appointed finance director of retail and loyalty systems provider Universe. He joined the company earlier this year as FD of HTEC – its principal operating subsidiary. Smeeton will replace Edward Paul, who will step down as FD on 1 January 2009. Paul will remain the group’s company secretary,

Sarah Guest has resigned as finance director of Digital Marketing. She will leave the company on 1 March 2009 to take up a position within the retail industry. Her replacement has yet to be announced.

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