Mr Smart was CFO of Friends Provident until August 2008 and also a nonexecutive director of F&C Asset Management. Prior to this, he was CFO of Boots Group, having joined the company in 2003 as group financial controller.
Mr Smart trained as an accountant with Coopers & Lybrand before joining Abbey National in 1988. At Abbey National he assumed various finance and operational roles including group financial controller, finance director of First National Bank and group HR director.
David Kappler, chairman of Premier Foods, said: "I am delighted that Jim has accepted our invitation to join the board. Jim is a well known and respected finance director and brings with him a wealth of experience gained at a number of FTSE 100 companies."
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