London-based real estate investment management firm Cordea Savills has appointed Richard James as chief financial officer.
James joined the firm, owned by property services business Savills, from a London-based rival business, Internos Real Investors where he was also a chief financial officer. He spent just under a year with the firm.
At Internos James oversaw group financial management and had oversight of finance resources in its various countries and funds. In addition, he was responsible for overseeing the firm’s debt, compliance and IT teams.
He became an employee at Internos at the end of last year when it purchased GPT Halverton, a business he joined in June 2008. Before that, he was an executive director and portfolio chief financial officer at Curzon Global Partners and before that he was a vice president and European financial controller at Apollo Real Estate Advisors.
James replaces Peter Johnson, who took the post just over a year ago himself, after joining from UK home builder Taylor Wimpey. A spokesperson for Cordea Savills confirmed Johnson's departure.
Cordea Savills runs a variety of fund models and separate accounts and currently has approximately €3 billion of gross assets under management.