Ace Aquatec hires Montgomery as CFO

Duncan Montgomery, CFO Ace Aquatec

Aquaculture technology and service provider Ace Aquatec has appointed Duncan Montgomery as Chief Financial Officer.

Montgomery is the first person to hold this role in the company. He has held several senior management positions over 17 years, including most recently as Finance Director at Audley Travel, an international travel business backed by private equity investor 3i, and previously as Director in PwC’s Deals practice where his clients included both early-stage SMEs, high profile international businesses, and private equity firms.

Montgomery said: “Ace Aquatec has a strong reputation as disruptors and innovators in the aquaculture and technology sector. There’s a real opportunity to become leaders in this space with an exciting pipeline of products that help address some of the industry’s significant environmental, social and governance challenges. I’m looking forward to working alongside the team to continue and manage the rapid growth that Ace is experiencing.”

Over the last year, Ace Aquatec has doubled in size, opening new divisions in Norway, Chile and North America. The team has grown to a total of 30 employees across its global divisions, spanning a range of expertise from research and development to marketing and business development.

Nathan Pyne-Carter, CEO at Ace Aquatec added: “Duncan brings great experience of operating in senior financial management positions within growing and successful businesses and leading high performing finance teams. I am confident that he will be a huge asset to our organisation and will play a pivotal role in the future success of the business as we continue to execute our growth strategy.”