People Business » Career moves: Capita, Caledonia Investments and more

Career moves: Capita, Caledonia Investments and more

A round-up of some of the UK’s leading CFO and FD moves, as well as other executive changes across UK and global organisations.

Capita CFO Nick Greatorex to step down

International business process outsourcing company Capita’s current CFO Nick Greatorex has decided to resign from his post. The organisation has confirmed that it has begun looking for a new CFO. The reason behind Greatorex’s resignation remained undisclosed. However, he has confirmed that he will work with the organisation until the handover is complete. He was taken on board as a CFO at the FTSE-250 listed company in March 2015 and served as interim chief executive from September 2017 to November 2017.

Caledonia Investments finance director Stephen King to stand down

UK-based investment trust company, Caledonia Investments, announced the stepping down of its finance director Stephen King. He has served the FTSE-250 listed organisation for over 10 years and is looking forward to developing a portfolio of non-executive roles.

Commenting on this development, Caledonia Investments’ CEO, Will Wyatt said: “Stephen joined Caledonia in December 2009 and has been a key contributor to the formation and implementation of the new strategy that I initiated on my appointment as chief executive the following year.  In particular, he has been instrumental in the development of our risk management processes and investor relations programme,’ Wyatt said.

Recycling Technologies names new finance director

Chemical recycling specialist Recycling Technologies has brought Stephen Pascoe on board as its new finance director. Pascoe previously worked at PwC for 20 years wherein assisted clients in dealing with various business challenges including restructuring, acquisitions, funding and accounting framework amends.

Speaking about Pascoe’s appointment, Recycling Technology’s CEO Adrian Griffiths said: “We are thrilled Stephen is joining the Recycling Technologies team as our Finance Director. His expertise will prove invaluable to help us implement our strategies for growth to become a leading plastics recycling company with world leading engineering expertise and technology.”

Gatehouse Bank appoints head of home finance operations

UK-based Gatehouse Bank has appointed Karen Faulkner as its new head of home finance operations. In her new role, Faulkner will be responsible for supervising customer application processes through the release of funds. Faulkner will be based in the Milton Keynes office and she will report to Tim Blease, Gatehouse Bank’s chief operating officer.

Prior to this, Faulkner served several financial firms such as Connells, Skipton Group and Mortgage Brain for over 35 years. Commenting on Faulkner’s appointment, Gatehouse Bank COO Tim Blease said: “Karen joins the Bank at an exciting time, as we continue to expand and develop our existing product range. Gatehouse aims to bring much needed competition to the banking sector and Karen’s wealth of financial services experience will see her play a significant role in our future development.”

Experienced finance boss joins cyber security firm

Global expert in cyber security and risk mitigation, NCC Group, has signed on Tim Kowalski to replace Brian Tenner as its new chief financial officer. Kowalski will take up office on 23rd July 2018. Prior to joining NCC, Kowalski held senior finance roles in organisations such as Findel, where he was group finance director from August 2010 until April 2017. He also held similar roles at Homestyle Group and N Brown Group. Speaking about Kowalski’s appointment, NCC Group CEO Adam Palser said: “His PLC expertise and strong operational record will be invaluable as our transformation programme gathers pace and we seek to capitalise on our strong position and the many opportunities in our markets.”

Alex Schaafsma appointed head of real estate finance at Birketts

UK-based law firm Birketts has promoted Alex Schaafsma to the position of head of real estate finance. Schaafsma joined the firm’s banking and finance team as a legal director in 2017. She brings a plethora of experience with her, having served in a variety of sectors such as real estate, conventional lending and Islamic financing.

Commenting on her appointment, Schaafsma said: “I am delighted to take up the position of Head of Real Estate Finance at Birketts, an area of the Firm’s practice that has grown strongly in the last few years. We act for a range of lenders and borrowers and this part of our business continues to develop well and is an important contributor to our overall banking practice.”

New board Member and CFO for GlobalWelsh

Global Welsh has appointed Ram Morjaria to replace Craig Blackmore as its new CFO. Morjaria has been associated with businesses seeking Seed / EIS funds for 14+ years and matched-funded grants from UK and local governments and within the EU. Morjaria advises SMEs and steady businesses on the basis of growth and exit strategies as well as reporting systems. He currently serves as a managing director for Kickstart Mentor.

Speaking about Morjaria’s appointment, Global Welsh founder Walter May said: “Ram has had a very successful career in financial management, business mentoring and helping organisations raise funding via angel investors, seed funds and banks. He has already proven himself an asset to the team and is helping to streamline our financial management processes. We are delighted to have Ram as part of the team – and his SME coaching will no doubt prove beneficial for the entrepreneurs and growing businesses within the GlobalWelsh community.”

Bailey Fisher appoints Danielle Grant as director

UK-based firm Bailey Fisher Executive Search has appointed Danielle Grant as its director in the finance practice. Grant has held several senior finance roles in her seven years of experience. In her new role, she will be working closely with Andrew Moore to boost the growth of this field of the business. Grant has worked with clients ranging from SMEs to multi-nationals.

Speaking about Grant’s appointment, Andrew Moore, managing director of Bailey Fisher said: “I am delighted to welcome Danielle to the team and excited about the potential that her involvement brings for further developing our Finance practice. Danielle’s extensive expertise will bring real value to our clients both locally and across the UK. I look forward to working with her.”

Venues and Events International promotes Kim Collins to COO

Event planner organisation Venues and Events International has announced the promotion Kim Collins as chief operating officer. Collins joined Venues and Events International in 2004 and was instrumental in developing the events division, where she led the team as director of events at Capita and Events post the acquisition by Expotel and then Capita. She began her career as restaurant manager at Hilton Hotels.

Speaking about her promotion, Collins said: “This is such an exciting time for Venues and Events International, with the Account Management team taking on much more of a strategic role, we’re successfully growing our existing client base whilst bringing on board new clients. This is a fantastic opportunity and I’m delighted to be taking on this role. Whilst continuing to support and deliver the Sage events programme, I believe I’ll be able to drive the business forward to ensure we continue to provide high-levels of customer service and deliver memorable events.”

Mark Sinclair joins TMC as chief financial officer

UK-based firm The Miles Consultancy Limited (TMC) has announced the appointment of Mark Sinclair in the newly-created role of chief financial officer.  Prior to joining TMC, Sinclair worked at Tusker where he served as the chief operating officer. He also held senior roles such as director at Alphabet GB. In his new role, Sinclair will be responsible for boosting TMC’s services and will lead a research project in association with universities in the North West.

Commenting on Sinclair’s appointment, TMC’s MD Paul Hollick said: “It is great news for TMC to have Mark on board. His broad experience and track record of growing businesses is invaluable as demand for TMC’s services continue to grow and we expand.”


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