Simon Hipperson will be replaced by Thomas Alm at Skanska Infrastructure Development

Simon Hipperson, head of Skanska鈥檚 PPP division, is to step down from his role with immediate effect.

Skanska says its business plan for 2008-2010, which aims to 鈥渟ignificantly increase鈥� investment in PPP projects, will not be affected.

The President of Skanska Infrastructure Development and former Amey boss was drafted in during 2002 to handle Skanska鈥檚 increasing amounts of PPP work.

Stuart Graham, Skanska president and CEO, said: 鈥淚 want to thank Simon Hipperson for his important contributions in developing the PPP-business in Skanska and we wish him well in the future. We now have a strong position in Infrastructure Development and see considerable growth opportunities in this area.鈥�

Thomas Alm, executive vice president of Skanska AB, will take over the role until further notice.

Alm will continue to service on the group senior executive team with responsibility for Skanska Infrastructure Development, Skanska Latin America and Skanska UK.

Skanska Infrastructure Development鈥檚 portfolio includes 16 projects with an investment totalling 拢183m (SEK 2.4bn) in 2006.

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