Rakon Limited announced that Drew Davies will join the company as its Chief Financial Officer (CFO), effective 24 October 2023. Mr. Davies has previously held CFO roles, board directorships, and executive leadership roles during his 30-year career in the United States of America and New Zealand. Most recently, Mr. Davies served as the CFO of 2degrees, a mobile and fixed full-service Telecommunications company in New Zealand until the company's sale to two Australian Superfunds in 2022.

He led a number of transformational projects including the IPO process for listing on the Australia and New Zealand Stock Exchanges. In the United States, he served as the CFO and Executive Vice President of Corporate Development for Trilogy International Partners, a multinational Mobile Telecommunications company doing business in the United States with operations in New Zealand, the Caribbean and South America. During his nine-year tenure with Trilogy, he conducted numerous High Yield Debt and Equity transactions globally, and also served as a Director and Board member for a number of Trilogy companies.

Prior to his appointment at Trilogy, Mr. Davies held a number of senior financial and operational roles with T-Mobile US Incorporated, along with other mobile telecommunications companies in the United States.