Netherlands-headquartered Royal Bam Group will implement a new organisational structure to improve effectiveness from 1 January.
It said the change is the next step in its strategy for 2021-2023 unveiled in February this year.
Two new divisions will be created, one to oversee the Netherlands and the other to manage the UK and Ireland.
Activities in Germany and Belgium will be “managed for value”, which the company said meant “a continued focus on operational improvements and potentially further divestments”.
Joost Nelis, chief operating officer for Construction and Property, will be responsible for the Netherlands, while John Wilkinson, currently COO for Bam’s civil engineering activities, will oversee the UK and Ireland. The manage-for-value activities will continue to report to CEO Ruud Joosten.
The new structure will replace the existing business lines of Construction and Property, and Civil Engineering.
Bam said the reorganisation would “enhance its effectiveness and focus on growth, leveraging its top-3 market positions in the Netherlands, the United Kingdom and Ireland”/
This change will also contribute to faster development of innovative solutions, supporting Bam’s clients to improve their sustainability and lower their carbon footprint.
Starting 1 January 2022, Bam’s executive committee will consist of executive board members Ruud Joosten and Frans den Houter (CFO), as well as Joost Nelis and John Wilkinson.