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Crispin Holder, the chief financial officer of Jamie Oliver Restaurant Group has stepped down today after he was brought on board to steer the ailing firm through a company voluntary arrangement (CVA).

A CVA was agreed earlier this year for the closure of 12 UK restaurants, alongside the group losing all of its Australian premises last week.

Oliver has had to close his Barbecoa restaurants in Piccadilly and near St Paul’s Cathedral in an attempt to move into the black.

Ting Ou Yang has been appointed as interim financial director, she has previously worked with Wagamama and Busaba Eathai.

The company has said that it is looking to use it’s current situation to move away from the high street and into workplaces, having just agreed a 10-year deal with contract caterer Aramark.

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