SPRINGFIELD Properties has announced the appointment of Iain Logan as chief financial officer (CFO).
Mr Logan has served as interim CFO at the company since March, having previously held the positions of finance director and group financial controller over the last three years.
In these roles, Mr Logan was responsible for leading all aspects of financial operations and reporting and for managing the group’s banking relationships. He also played a ‘key’ role in the company’s acquisition, and integration, of Tulloch Homes in December 2021 and the Scottish housebuilding division of MacTaggart & Mickel in June 2022.
Prior to joining Springfield, Mr Logan was group financial controller of AIM-quoted Omega Diagnostics Group plc, a specialist medical diagnostics company, for nine years. During this time, his role included being responsible for the external financial reporting of the business and management of finance teams in the UK, Germany, and India.
He joined Omega Diagnostics after spending eight years with Murray International Holdings Limited, where he gained corporate finance experience working on all aspects of acquisitions, disposals, and fundraising within its investment company. He also held the financial controller role for its residential and property development company. He is a chartered accountant with the Institute of Chartered Accountants of Scotland and began his career at PwC in Edinburgh.
Innes Smith, CEO of Springfield, said, “The board has been very pleased with Iain’s performance following his appointment as interim CFO and unanimously decided to make the position permanent. Since joining Springfield over three years ago, Iain has made an important contribution to our finance function and, increasingly, across the business.
“Accordingly, this appointment is in-keeping with our long-held values of supporting the development of our people and providing them with the opportunity to grow. We look forward to continuing to benefit from Iain’s knowledge of the group’s operations and his broader experience, and to welcoming him to the board in due course.”
