BBC Global News Ltd, the BBCâs commercially funded international news arm, has announced the appointment of Charlie Villar to its newly-created Chief Operating Officer position.
Villar, who is currently the BBCâs Director of Tax, Treasury and Corporate Finance, will start with immediate effect and will be responsible for the financial and operational leadership of the company, bringing together finance, engineering, internal and external communications, HR and legal and business affairs.
He will join the management team and will be one of two directors of the company, reporting to Chief Executive Officer Jim Egan.Â The appointment comes as the company expands to incorporate the advertising sales arm of the BBC.
Egan said, âI am delighted to be welcoming Charlie to BBC Global News Ltd as our first Chief Operating Officer. As we complete the expansion of the business and embark on a new phase for BBC World News and BBC.com, Charlie brings the ideal mix of private and public sector experience to the leadership team. High-quality, commercially funded journalism has never been more important but it has also never been under greater pressure. Charlieâs appointment will bring expertise, energy and a fresh perspective to our enduring mission of staying true to the BBCâs unique editorial values and running a business, which continues to be commercially successful.â
Villar added, âThis is a hugely exciting time to be joining BBC Global News Ltd, especially as the business comes together with BBC Advertising. External market forces and changing consumer behaviours are resulting in the rapid evolution of how people across the world consume news on TV, online and mobile devices; âfake newsâ and social media are causing audiences to seek out reliable, trusted sources; and media companies are looking for new business models to be fit for purpose in a demanding environment. Global News Ltd benefits from the BBCâs outstanding reputation for high quality, together with its deep experience of responding to changes in technology and audience behaviour. I am really looking forward to joining the team to guide the business as we respond to the challenges and opportunities that lie ahead.â
In his role as the BBCâs Director of Tax, Treasury and Corporate Finance, Villar developed the BBCâs long-term financial plan following last yearâs renewal of the BBCâs Royal Charter and he was also responsible for managing the relationship of the BBCâs commercial subsidiaries with the BBC Public Service.
Villar spent the first part of his career in the commercial sector. He is a qualified accountant, having trained with Arthur Andersen. He moved to Deloitte where he worked in audit and corporate finance, advising clients across financial services, media and telecom sectors. Prior to joining BBC in 2010, he was Director at the Shareholder Executive â HM Governmentâs in-house corporate finance and shareholding arm â where he led high-profile restructurings of Northern Rock, The Royal Mint, and Ordnance Survey.