Its remaining businesses in Germany and Belgium will be managed for value with operational cuts and divestments.

Royal BAM will also set its sights on investing to become a top-three contractor in the UK and Ireland as part of the new business focus.

This new structure will replace the existing group business lines, which were split down construction, property and civil engineering disciplines.

Former Royal BAM Group civil engineering divison chief operating officer John Wilkinson will now take responsibility for the activities in the United Kingdom and Ireland.

Wilkinson joined BAM a year ago from international consultant SNC-Lavalin where he was president of infrastructure, based in Montreal, Canada.

Before that held senior positions with Laing O’Rourke, Kier and May Gurney, respectively as managing director UK Infrastructure, executive director Services and managing director.

The new reporting structure, which comes into effect from January, will effectively unite the BAM Construction building business and Bam Nuttall civil engineering operation under one senior executive for the first time.

In a statement this morning the board said: “With this new organisational structure, BAM will enhance its effectiveness and focus on growth, leveraging its top-3 market positions in the Netherlands, the United Kingdom and Ireland.

“This change will also contribute to faster development of innovative solutions, supporting BAM’s clients to improve their sustainability and lower their carbon footprint.”