Kainos Group PLC on Monday said its chief executive officer of 22 years, Brendan Mooney, will finish his term in the role by the end of September, with Digital Services Director Russell Sloan replacing him.

Outgoing CEO Mooney, who has been at the company for a total of 34 years, will remain ‘actively engaged’ with the Belfast-based digital services provider to the public sector until next June, to ensure an orderly transition.

‘Brendan and Russell have worked closely as colleagues for many years and today formalises the final stage of our four-year succession process,’ said Chair Tom Burnet.

Kainos shares fell 1.6% to 1,395.00 pence each on Monday morning in London.

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