Business Parks investor and operator Sirius Real Estate has appointed Chris Bowman as chief financial officer (CFO).
Bowman brings nearly 25 years’ accounting, finance and capital markets experience. Most recently he led the UK investment banking arm of Berenberg, a mid-market public company advisers.
Prior to this, Bowman spent seven years in investment banking at Liberum, before which he worked in corporate finance at Canaccord and Credit Lyonnais. He qualified as a chartered accountant with KPMG in 2000.
Bowman’s appointment becomes effective on 29 August 2023, at which time he will also join the Sirius board.
The firm said that Bowman's appointment would permit Alistair Marks, Sirius’ interim CFO (and former CFO), to resume his focus fully on his role as chief investment officer, which he has held since January 2021.
Marks will also step down from the Sirius board at this year’s AGM on 10th July, remaining employed by the company to lead its investment strategy across Germany and the UK.
Andrew Coombs, CEO of Sirius Real Estate, commented: 'Chris brings a wealth of experience in capital markets and business development, as well as financing, and is extremely well qualified to oversee the continued financial management of the group.
'His appointment delivers considerable strength and capacity to the senior management team and we look forward to utilising his expertise as we continue to grow Sirius in line with our strategic goals.
'Chris’ arrival also allows Alistair to focus fully on the company’s investment strategy in Germany and in the UK and I would like to take this opportunity to thank him for stepping back into his former CFO role, on an interim basis. This seamless transition allowed us to undertake a thorough search for the best permanent candidate.'