Horizon Discovery Group plc announced appointment of Jayesh Pankhania as Chief Financial Officer and member of the Board of Horizon effective immediately. Jayesh will succeed Richard Vellacott who is stepping down from the role and the Board following almost seven valuable years of service at Horizon. Richard will continue with the Company in an advisory capacity for a period to time to facilitate a smooth transition.

Jayesh joined Horizon Discovery's Finance department in April 2018 in an interim CFO capacity. Prior to joining Horizon, Jayesh was Group CFO of Xtera Ltd. where he was responsible for developing business plans and strategies for growth.