Invinity Energy Systems has appointed Adam Howard to the role of chief financial officer (CFO).

He will also become an executive director on the Invinity board with the move effective from 9 December.

Howard was previously a director of banking and investments at the National Wealth Fund (NWF) and was responsible for leading the financing of energy and infrastructure projects in support of the UK’s net-zero transition. Prior to joining the NWF, he spent over 15 years working in the energy and natural resources sectors at EBRD, ING Barings and Lloyds Bank, with a focus on direct equity and capital markets.

Invinity manufactures vanadium flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.

“I’m happy to be joining Invinity at such an exciting time for the business,” Howard said. “I had the opportunity to work with the excellent team at Invinity during their recent fundraise and wanted to join the company at this pivotal time in its story.

“The UK is at the forefront of the world in deploying offshore wind and phasing out coal - the next stage of the energy transition is solving the resultant intermittency challenge through long duration energy storage.”

Invinity CEO, Jonathan Marren, added: “I’m delighted that Adam has decided to join the executive team. Having worked closely together during his time at the NWF, I am confident that Adam will add real value to Invinity from his very first day as CFO.”

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