Floydd will join the company on 12 November and is expected to be appointed on the board in the near future.

Floydd was Experian CFO for over five years. He was involved in numerous M&A projects, one of which included the investment in London & Country Mortgages.

Before his role with Experian, Floydd spent 12 years working for Logica Plc, prior to its acquisition by CGI Group Inc. These roles included North American CFO, Group Financial Controller, UK CFO and Deputy Group CFO.

John O’Reilly, Rank CEO, said: “I am pleased that Bill has agreed to join Rank at this exciting time in the Company’s journey.

“There is so much to be done to deliver our transformational programme and I am confident that Bill is the right person to assist me wand the leadership team in delivering a growing business that is fit for the future.”