CEE-focused office investor Globalworth has appointed Stamatis Sapkas as group chief financial officer with effect from 1 May.
Sapkas will succeed Andreas Papadopoulos, who will step down as CFO, following the announcement that he would leave the company after eight years.
Sapkas will report to Dimitris Raptis, CEO of Globalworth.
Said Raptis: 'I am delighted to announce that Stamatis will become Globalworth’s new CFO. He is one of our most senior and experienced colleagues, having been with the company since its inception.
'He has been involved in a variety of important projects, first as investment director and then as deputy chief investment officer, starting with the company’s IPO in July 2013, investment transactions in Romania, equity capital and debt financing transactions and the acquisition of GPRE in Poland in 2017.
'In recent years his main focus has been internal and external reporting, investor relations as well as leading our sustainability efforts. We are very confident Stamatis’ experience in our company coupled with his previous background will add significant value to our group and successfully lead it to the next stage of its development.'
Sapkas has some 20 years of experience in real estate advisory and investment. He joined Globalworth in 2013 and was a member of Citigroup’s Real Estate and Lodging investment banking team based in London prior to that. He started his career at Eurobank Properties in Athens, Greece.
His experience includes transactions in M&A, equity offerings, debt financings and NPL in the real estate and lodging sectors and has worked in a number of jurisdictions in Europe, the Middle East and Africa.
'I am very excited to continue my journey at Globalworth, which started in 2013, now as the Group's CFO. Since the Group's inception, we have achieved many milestones, and I look forward to continuing to working closely with our highly successful, motivated, and professional team.
'Globalworth has established itself as the dominant office investor in Poland and Romania, and I am pleased to be able to further contribute to our future,' Sapkas said.
