Cromwell hires head of treasury for Europe

Real estate investor and fund manager Cromwell Property Group (Cromwell), has appointed Afraz Ahmed as head of treasury for Europe.

Ahmed will be responsible for Cromwell’s banking and lending relationships in Europe, including raising new debt and managing existing facilities on behalf of its European funds and mandates.

He will also provide advisory and execution services on hedging and credit risk issues.

With substantial treasury experience in the funds management sector, Ahmed joins Cromwell from Varde Partners, where he set up and ran the treasury function for Europe and Asia.

Cromwell’s head of treasury, Brett Hinton, said: 'I would like to welcome Afraz to Cromwell and look forward to working with him closely.

'His experience in working with global institutional investors will be invaluable as he takes on his new role, supporting the entirety of our European operations and portfolio.'

Ahmed added: 'I am delighted to be joining Cromwell and look forward to supporting the funds management and capital teams in delivering great outcomes for our investors and capital partners.'

He holds an MBA from Cranfield School of Management and a BSc (Hons) in Economics and Business Finance from Brunel University.