Greensill hires Vodafone treasury director as CFO of the supply-chain company

A top Vodafone Group PLC executive is leaving the firm to join Greensill, a fintech company with whom the telecom giant has previously entered into a complex and controversial financing arrangement.

Neil Garrod, Vodafone’s group treasury director, has been with the firm for more than a decade. During his tenure, Vodafone became a key Greensill client and a major investor in the GAM-Greensill Supply Chain Finance Fund, which is managed jointly by Greensill and Swiss asset manager GAM.

Vodafone VOD, +0.43% had invested about $1 billion in the fund earlier this year, but it has now completely exited its position, according to a spokesperson for the telecom company.

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