Contractor says deputy chief executive Anthony Rabin will retire this summer

Rabin has been with the contractor for 17 years and will retire on 30 June, the Balfour Beatty said.

He was appointed as a director in 2002.

Rabin’s role as deputy chief executive will not be replaced on the Board.

The firm said chief operating officer Andrew McNaughton (pictured) will take on responsibility for leading the growth of the Infrastructure Investments Division.

Steve Marshall, Balfour Beatty chairman, said: “Anthony was instrumental in establishing Balfour Beatty Capital some 15 years ago, which has expanded to become the Infrastructure Investments Division, one of the key value generators for our business.

“Over the years, Anthony has brought a tremendous knowledge and experience to the Group and he has played a pivotal role in helping shape our direction and growth. On behalf of myself and our colleagues on the Board, I would like to take this opportunity to thank Anthony for the significant contribution he has made to our business over these years and to wish him well in all his future plans.”