Dominvs Group appoints new CFO
UK-focused property developer Dominvs Group has appointed Ian Trinder as its new CFO.
The appointment is a renewed signal that the company is looking to strike partnerships and tap sources of co-investment as it looks to further scale its property development business, expand into new types of real estate, and take advantage of the fresh opportunities revealed in the current market.
The announcement marks the second high-profile appointment to the company in as many months, following fast on the heels of the appointment of Adam Ratzker as Commercial Director in August.
Trinder joins the company as its new CFO with immediate effect, bringing to the business decades of experience in corporate finance, financial planning and analysis, strategic planning and risk management.
He was most recently CFO at Pegasus Life, a retirement living developer, backed by Oaktree Capital, where he arranged over GBP1 billion of development finance and led the acquisition of Renaissance Retirement. Before that, he was CFO at Audley Group, a developer and operator of luxury retirement villages backed by Moorfield.
Trinder was previously Finance Director at Hamptons for seven years under three different owners (Bridgepoint, Wheelock of Singapore and Emaar of Dubai) and during that time, set up Joint Ventures with CBRE and Hometrack, acquired and sold stakes in Primelocation and Propertyfinder and restructured the International operations. He started his career as a Chartered Accountant at Ernst and Young.
Trinder says: "It is an exciting time to be joining a business as entrepreneurial as Dominvs and I cannot wait to play a role in its future growth. Over the last decade I have watched its success at expanding into new areas of real estate development, and now I have a chance to be part of that continuing story."
Sukhpal Singh Ahluwalia, Founder of Dominvs Group, says: "I am delighted to welcome Ian to the company. His deep knowledge of corporate finance, strategic planning and risk management, as well as his well-recognised track-record as an entrepreneurial CFO means he is the best person to join the company right now.
"Ian's background across a wide range of property classes makes him a perfect fit for Dominvs, as we look to uncover new opportunities for further growth and expansion."