BT Openreach CEO Joe Garner will leave his role in charge of the telecoms giant’s infrastructure services division.
Garner leaves to take the CEO job at Nationwide Building Society, he will take up the role in the Spring of 2016.
The Openreach boss has been in the post since February of 2014 during which the division embarked on the deployment of its superfast fibre broadband network.
The relationship between BT and Openreach has been one which has been discussed in great detail in recent months.
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The likes of TalkTalk and Virgin Media have long complained about the way in which Openreach operates and Sharon White has addressed the issue on a number of occasions since she became Ofcom CEO.
Many have put forward the idea that BT’s service division should be separated, with calls growing stronger as BT’s takeover of EE has progressed.
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Too good to turn down
Explaining the reasons behind his departure Garner said the opportunity to work for Nationwide was too good to resist: ‘I’ve greatly enjoyed my time at Openreach and deciding to leave has been an extremely hard decision, but Nationwide is a firm I long-admired during my time in financial services. The opportunity to become CEO of one of Britain’s most important financial institutions and service champions just proved too good to turn down.
‘I would like to thank the thousands of dedicated Openreach engineers who work so hard in the most challenging of conditions to keep millions of homes and businesses connected. They are the unsung heroes of the nation’s internet infrastructure.
‘In my view, it is BT’s investment that has helped the UK to become one of the strongest digital economies in the world and I am proud to have contributed. Openreach is now poised to take the UK from a superfast to an ultrafast nation and I am confident it can achieve this as part of the BT family. I wish my successor at Openreach and everyone there and at BT all the best for the future.’