Hogg Robinson Group’s (HRG) finance director Philip Harrison is to step down and join multinational infrastructure company Balfour Beatty.
Harrison will become Balfour’s new chief financial officer as the firm rebuilds its senior management team.
He will receive a salary of £400,000 a year and will take over the post from Duncan Magrath, who announced he was leaving in November.
HRG CEO David Radcliffe said: "Phil has been an important part of the team at HRG that has put the group on a stronger financial footing over the last three years.
"We are disappointed that he is going to be leaving later this year but recognise his decision to move on to the new opportunity which he has been offered, and we wish him every success for the future.
"In the meantime all our team remain fully committed to delivering on our strategy to grow and develop our business."
Last week, HRG signed a deal with Canadian bank BMO to offer an expense management platform through its Spendvision subsidiary.