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Director Appointments

Capco appoints CFO

16 November 2016 07:48

Capital & Counties Properties has appointed Situl Jobanputra as chief financial officer with effect from 1 January.

This follows the resignation of Soumen Das as managing director and CFO, which was announced on 26 July.

The responsibility for the oversight of Covent Garden will revert to Capco chief executive Ian Hawksworth with immediate effect.

Das will step down as CFO on 31 December but will remain at Capco until 15 January to ensure a smooth transition. Jobanputra is an experienced corporate financier having led Deutsche Bank's UK real estate investment banking team before joining Capco in January 2014 to provide support on corporate finance and capital markets and to oversee the finance functions at Earls Court and Lillie Square.

Hawksworth said: "We are delighted to welcome Situl to the Board of Capco and the role of Chief Financial Officer. He is well respected within the company and the wider markets and has significant investment banking and finance experience. Capco is committed to developing talent and Situl has consistently delivered since joining Capco. This appointment will also allow the existing successful finance structure to continue to operate efficiently."

Story provided by StockMarketWire.com

Related Company: CAPC

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