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Wednesday 11 July 2018

More goings and comings at Nakama

logoThere's more comings and goings at troubled ‘recruitment business of two halves’ Nakama, with the news that it is to put its Melbourne subsidiary into voluntary liquidation (see Nakama naka'd in Oz).

And following the retirement of John Higham (see Higham retires as Nakama moves closer to Sheffield), Nakama is also to part ways with one of its original founders, Paul Goodship, currently running Nakama's London business.

Meanwhile, Nakama CEO, Andrea Williams, is relocating from Dubai (where Nakama has zero presence as far I can tell) back to the UK, the source of some 60% of Nakama's revenues. Williams joined Nakama in December 2017 as non-exec director and was appointed CEO in January this year (see Nakama naka'd (again)). I don't think it was mentioned at the time that she was actually based in the UAE.

Otherwise all is going swimmingly well with Chairman Tim Sheffield reporting a return to profit of some subsidiaries (not Melbourne, obviously), despite flat revenues in Q1 (3 months to 30th June 2018). However, we'll have to wait till September to see Nakama's annual results for the FY18 ended 31st March.

Stand by for the next exciting instalment.

Posted by Anthony Miller at '09:51' - Tagged: recruitment   management  

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