G.Network has appointed Simon Kilonback, currently CFO of TfL, as its next Chief Financial Officer.
Simon has worked at TfL since 2009, and previously served as Group Treasurer and Corporate Finance Director. Before TfL, he worked at Lloyds Banking Group, HBOS, WH Smith and Sony. His deep knowledge of financial and infrastructure matters will be a significant asset for G.Network.
Sasho Veselinski, G.Network CEO, said, “Simon’s arrival marks a new chapter for G.Network. With the company growing strongly, we are delighted to have attracted an industry-leading CFO to join our team. We look forward to him commencing his role in the coming months.”
Speaking of his appointment, Simon said, “I’m thrilled to be joining G.Network. It’s a very exciting company that is revolutionising London’s connectivity. I look forward to working with the team in the years ahead.”
Simon formally takes up his role in May 2022.
G.Network is a full fibre broadband provider. The company digs streets to install state-of-the-art full fibre connections directly to residents and businesses across London. The capital’s broadband is notoriously under-invested, with many residents and business still reliant on older, copper-based connectivity which delivers limited speeds.
G.Network has already dug past over 300,000 premises, and will pass 1.4m in the years ahead. This includes privately owned, privately rented, housing association, council-owned and commercial properties. The company completed a £1bn fundraise in December 2020. Its principal backers are the Universities Superannuation Scheme and Cube Infrastructure Managers.
G.Network connections range from 100 Megabits per second (Mbps) to 10 Gigabits per second (10 Gbps) month. The service is priced competitively so that customers benefit from superior fibre connectivity at the same or even lower cost than current copper-based services.