Zafar Khan, who served as Carillion's finance director, has been disqualified as a director for 11 years, the Insolvency Service has announced.
An Insolvency Service spokesperson said: “The Insolvency Service, acting on behalf of the Secretary of State for Business and Trade, has accepted a disqualification undertaking from Zafar Iqbal Khan for 11 years for his conduct as a director of Carillion Plc."
Zafar Khan served as Carillion's finance director around the time of Carillion's collapse 2018, and the boardroom ban is the first to be imposed on any of the firm's former executive directors under the Company Director Disqualification Act.
The collapse of the firm raised questions over the transfer of some of its DB defined benefit members into the Pension Protection Fund has raised questions about the suitability of existing pensions laws.
The contractor, which held over 400 government contracts including for projects like the HS2 railway line, entered into compulsory liquidation in 2018.
An Insolvency Service spokesperson added: "As the litigation against the remaining directors is ongoing, with a trial set to commence the week of 16 October 2023, the Insolvency Service is unable to comment any further.”
Proceedings against other executives are ongoing.
