Greensill is one of the leading providers of supply chain finance, a lightly regulated but fast-growing financial sector
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 US$1bn in the fund earlier this year, but it has now completely exited its position, according to a spokesperson for the telecom company.
