The Irish Warehousing and Transport (IWT) group has reshuffled its board of directors, with managing director, Mr Frank Scully moving to become chairman. His managing director's position will in turn be jointly filled by Mr Des McGarry and Mr Colm Byrne. The company said yesterday that Mr McGarry will be responsible for group finance and personnel and strategic development.

Mr Byrne will be responsible for group sales and related commercial matters and will also assume responsibility for the freight forwarding division.

Meanwhile, Mr Frank Finan has been appointed managing director of P&O Nedlloyd, a joint venture company owned by IWT and Campbell Freight.