Intelligent Energy, the global clean power systems company, has announced the appointment of Allan McNichol as the new managing director of Consumer Electronics.

McNichol has a wealth of international experience at both small and medium fast growth businesses. He also has an excellent track record in large global businesses, most recently at Thomson Reuters where he was responsible for the re-engineering and launch of Eikon, the global web-based information platform for financial professionals.

Following an early career selling financial products, McNichol joined Equis, a financial technology provider based in Salt Lake City, where he quickly rose through the ranks and was appointed CEO in 1999, not long after the company was acquired by Reuters.

In 2005, McNichol was appointed Global Head of Desktop Platform at Reuters responsible for driving a global change management and integration programme underpinning a multi-billion dollar financial information business.

“The explosive growth in “power hungry” personal electronic devices creates a hugely promising growth market for portable fuel cells,” explained McNichol.

“Intelligent Energy’s portable power technology - which is very compact, durable, mass manufacturing-ready, recyclable, cost efficient and easy-to-integrate - is ideally placed to capitalise on this opportunity,” he added.

McNichol’s new role will see him take the lead in growing the company’s consumer electronics and portable power business globally, shaping strategy and forging key partnerships in the sector to accelerate market introduction.

“Allan’s track record in scaling up multi-billion dollar global programmes for Thomson Reuters both as an international programme director and subsidiary CEO, is perfectly suited to our consumer electronics division,” said Dr Henri Winand, CEO, Intelligent Energy.-TradeArabia News Service