BT finance chief steps down
London: In the midst of a loud clamour for board room changes, Mr. Robert Brace finance director of British Telecommunications, resigned from the company. His resignation comes in the middle of a restructuring of its international business and merger talks with AT&T. According to the company, the departure of Mr. Brace was voluntary, and has nothing to do with the investor pressures being brought about on the company.

He is to be replaced by Mr. Philip Hampton, the finance director who has overseen the break-up of BG, the UK gas company - another British privatised utility.
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