ITS, operator of the UK’s largest dedicated business-grade local access fibre network, has appointed Paolo Benedetto as its new Chief Financial Officer.

He joins the company’s senior leadership team as it enters its next phase of growth, where he will lead its finance and commercial functions, and play a key role in steering the business, shaping strategy and driving long-term value creation.

Paolo brings significant experience from high-growth, founder-led and private equity-backed companies, particularly in FMCG, infrastructure and industrial markets. He has played a leading role in helping scale multiple organisations from tens of millions to hundreds of millions in revenue through organic, acquisitional, and operational growth initiatives resulting in many successful major business exits.

More recently, he served in the bakery sector as CFO for Village Bakery and previously at St Pierre Group, where he led periods of record performance and investment supplying retailers such as Tesco, Sainsbury’s and Walmart.

Speaking about the appointment, Daren Baythorpe, CEO of ITS, said:

“Paolo brings a strong track record of helping businesses scale responsibly and confidently. His experience in driving high-growth, investment and financial discipline will be invaluable as ITS delivers on its own ambitious growth plans, expands its reach and works with major partners to reshape business connectivity. We’re delighted to welcome him to the team.”

Commenting on his new role, Paolo Benedetto, CFO, said:

“ITS is at an exciting point in its journey. The business is growing rapidly and playing a vital role in how organisations access reliable, high-quality connectivity. I’m looking forward to supporting the next phase of its growth, building on strong foundations and helping shape a sustainable, commercially successful future for the business, our partners and our customers.”