Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a prominent provider of electric vehicle charging solutions, has announced the appointment of Steven Salo as its new Chief Financial Officer (CFO), effective July 1st, 2024.
Bringing a wealth of experience in financial leadership, strategic planning, and corporate development, Steven Salo’s journey began in the UK and led him to pursue education in Australia. He holds a Bachelor of Commerce from Deakin University, Melbourne, and a Masters of Applied Finance and Investment from Finsia. His professional trajectory commenced at PricewaterhouseCoopers in Melbourne, where he honed his skills in investment banking and financial advisory, earning his stripes as a Chartered Accountant and maintaining membership in the Institute of Chartered Accountants in England and Wales.
In 2005, Steven transitioned to London with Dresdner Kleinwort Wasserstein, later joining Citigroup’s M&A advisory department in the UK in 2007. His tenure at Citigroup involved collaborations with notable clients such as Lloyds Bank, Naspers, KKR, Kraft, and the Royal Bank of Scotland, where he contributed significantly to building the company’s M&A advisory practice in Sub-Saharan Africa.
In 2013, Steven ventured to Abu Dhabi, joining Arabtec Holding PJSC as Head of Strategy and M&A, collaborating closely with the CEO and board. His next chapter unfolded in 2016 at Depa plc, where he assumed the role of Group Chief Financial Officer until 2021. During this time, Steven played a pivotal role in Depa’s sale of a majority share to the Public Investment Fund of Saudi Arabia. He also served as interim CEO of Design Studio Group Ltd, a subsidiary of Depa listed on the Singapore Stock Exchange, from 2019 to 2021. Notably, Steven recently held the position of Chief Financial Officer at Accsys Technologies plc.
“Steven’s extensive experience and forward vision make him a valuable addition to our leadership team,” commented Mathieu Bonnet, CEO of Allego. “We are confident that his expertise will help drive our financial strategy and support our mission to accelerate the transition to sustainable mobility.” Ton Louwers, Allego’s current Chief Financial Officer, will continue with the Company until June 30, 2024.
