The chief financial officer of Hydrogen is to step down from the global recruiter’s board to “pursue other interests”.

In a statement released this morning, the group revealed Colin Adams, who was appointed CFO in May of last year, will remain on the board until the company’s final results for the financial year ending 31 December 2016 are released in March 2017. It is hoped the board would have identified his successor by then.

Adams was appointed following a March 2016 restructure of Hydrogen’s management team in which founder Tim Smeaton and John Glover stepped down as chief executive and finance director respectively. Smeaton was replaced by fellow founder Ian Temple.

The group’s statement acknowledged Adams had joined the business at a time when the business had substantial challenges largely related to the dramatic fall in the price of oil, adding he had successfully re-built the firm’s finance team with the group’s return to profitable growth in the first half of the year.

• Want to comment on this story? The Comment box is at the bottom of the page. Sorry for the glitch but just scroll right down and share your opinions!