Ex-Oracle director moves to consultancy’s board

A FORMER senior director of the Oracle Corporation is to strengthen the board of leading procurement consultancy Source42.

Charles Courquin joins Source42 as non-executive director, a major boost for the business whose directors also include former Cardiff International Airport managing director Jon Horne and entrepreneur Sir Roger Jones OBE, who is a former chairman of the Welsh Development Agency.

Steve Watts, chief executive of Cwmbran-based Source42, said: “We are extremely pleased that Charles has joined our board of directors. We are structuring the company for serious growth, bringing in the high-calibre management and business skills to support that aim.”

Mr Watts added; “Charles was instrumental in founding our strategic partnership with Oracle and will play a major role in maximising that global relationship. He is a key figure in our plans.”

Mr Courquin gained an honours degree at the University of Oxford in biochemistry as well as being president of the rowing club at St Catherine’s College before joining the Price Waterhouse IT consulting practice.

After a number of years at PwC he moved to Oracle Corporation, where he held a number of key roles, including senior director for general business.

He said: “I believe that every business can benefit from the services provided by Source42 – the impact the organisation can make on the bottom line is one of the best-kept secrets in the Industry.

“Our opportunities are not confined to the UK or Europe; we have the ability to build a brand synonymous with efficiency and value.”

The company has recently announced the creation of more than 30 high-quality consulting jobs.

It has established its procurement services in the corporate market with clients including bmi, Arriva and HBoS, while also achieving benefits for smaller leading firms like Harding Evans of Newport.

Sir Roger said: “Source42 has the capability to deliver double digit percentage savings to the bottom line, making its propositions to reduce supply chain costs extremely compelling in the current downturn. Source42 has excellent potential as a business, its services are very much in demand in both public and private sectors. Charles is a major asset in achieving our global objectives.”

Author: Sion Barry @ www.walesonline.co.uk