LONDON, July 8, 2011 /PRNewswire/ --
A new CEO has been appointed at Instant to help guide the company through its next phase of growth, following a fivefold increase in turnover and a sevenfold increase in profit since 2006. Patrick Elliott joins Instant at the beginning of August, with an impressive record of delivering growth across start-ups, medium sized businesses and large, international corporates. Patrick's experience spans the mobile telecoms, internet, media, healthcare and government sectors, where he successfully developed a number of very innovative service propositions.
Immediately prior to joining Instant, Patrick was a member of the Senior Leadership Team at Serco, responsible for bidding and operating large outsourcing contracts, including business support services such as Business Link in London and key elements of the Barclays Cycle Hire scheme. He also sat on the Board of Serco Europe, which provides services to many European Agencies. Before Serco, Patrick was a Vice president at SAIC, a large US multinational provider of outsourcing and consulting services. He joined SAIC following its acquisition of Opta, a specialist business creation company which he had helped grow substantially as a Board Director and major shareholder over the preceding 5 years.
Patrick's remit at Instant will be to continue the growth of the online brokerage, the corporate team and the managed office operations, at the same time as exploring opportunities for expansion in complementary sectors.
The out-going CEO, Rob Hamilton, commented "We are thrilled to be bringing Patrick in to the team and I am convinced that Instant will be in extremely safe hands for future growth." Rob will remain as a Non-Exec director at Instant.
Patrick said of his appointment "This is a really exciting business that has impressed me with its total focus on putting the customer first, and the fantastic company culture and enthusiasm of all its people. I'm looking forward to being part of this unique and thriving company, and helping to grow it substantially over the coming years ."
Instant was set up in 1999 to bring the fragmented market for serviced offices into one online market-place. Since then the business has grown significantly, with annual turnover this year forecast to grow by 45%. Instant has also been placed in the Sunday Times best small companies to work for every year for the last four years, this year gaining a top ranking 3* accreditation.