Capital & Counties Properties appoints a new CFO
Capital & Counties Properties Plc announces that Situl Jobanputra will be appointed to the executive director position of Chief Financial Officer with effect from 1 January 2017.
This follows the resignation of Soumen Das as Managing Director & Chief Financial Officer announced on 26 July 2016. The responsibility for the oversight of Covent Garden will revert to Ian Hawksworth, Chief Executive of Capco, with immediate effect. Soumen will step down as Chief Financial Officer on 31 December 2016 but will remain at Capco until 15 January 2017 to ensure a smooth transition.
Situl 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.
Ian Hawksworth, commented, “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.”