Business
APPOINTMENT OF CHIEF FINANCIAL OFFICER
APPOINTMENT OF CHIEF FINANCIAL OFFICER.
About this update from Residential Secure Income Plc
[{"type":"text","content":"\n \nRNS Number : 1873Z Residential Secure Income PLC 30 August 2018 \n\n30 August 2018\n \nResidential Secure Income plc\n \nAPPOINTMENT OF CHIEF FINANCIAL OFFICER\n \nResidential Secure Income plc (\"ReSI\") (LSE: RESI), which invests in residential asset classes that comprise the stock of UK social housing providers, is pleased to announce that TradeRisks Limited, the parent company of ReSI's Investment Manager, has appointed Richard Stubbs as Chief Financial Officer, with responsibility for financial strategy and operations, including across ReSI. \n \nRichard's appointment is effective immediately and he will report to Alex Pilato, Chief Executive of TradeRisks. Richard will be responsible for all aspects of financial strategy and operations across the TradeRisks Group and ReSI, including overseeing ReSI's equity and debt programme, and preparation of ReSI's accounts and reporting.\n \nRichard brings more than 35 years of commercial property and financial experience. He joins from real estate private equity platform Sistema Capital Partners, where he was responsible for all fund reporting and oversaw the due diligence on major M&A transactions. Prior to that, he held senior positions at fund management businesses Alpha Real Capital and Langham Hall, and at UK-listed REIT Capital & Regional's £2.9 billion Mall Fund. \n \nAlongside Richard, Julia Eberdal and Sergey Pichugin have joined TradeRisks as an Associate Director and Property Analyst respectively, both effective immediately. Julia will be responsible for investment analysis and financial modelling focused on potential pipeline acquisitions, and will report to Ben Fry, Managing Director of ReSI Capital Management Limited. Julia joins from financial modelling company Numeritas, where she oversaw portfolio modelling for real estate projects in a number of European markets. Specialising in financial modelling, project finance, business analytics and mergers & acquisition, she previously worked at Verus Partners, Corality Financial Group and Blackrock. \n \nSergey will support the asset management function and will report to Pete Redman, Managing Director of ReSI Capital Management. Sergey was previously a real estate and investment analyst at Bedale and Beaufort Limited, and received an MA in Internationa...