Picton (LSE: PCTN), the property investment company, is pleased to announce that Mark Batten has been appointed as a Non-Executive Director of the Company with effect from 1 October 2017.
Mark will in due course become chairman of the Audit & Risk Committee, taking over this role from Robert Sinclair who will retire from the Board in 2018, having agreed to stay on for a period to facilitate this transition.
With more than 25 years of experience in the property sector, Mark has recently retired from his position as a restructuring partner at PwC, where he led the UK Real Estate deals practice. He continues to sit on PwC’s Global Captive Board and is a member of the Institute of Chartered Accountants in England and Wales.
Nicholas Thompson, Chairman of Picton, commented:
“We are delighted to welcome Mark to Picton as a Non-Executive Director. His extensive experience in financial services, real estate, corporate finance structuring and transactions will broaden the skill set of our Board.”