Resource America, a specialised asset management company, has promoted Thomas Elliott, currently senior vice president (SVP) of finance and operations, to the additional position of chief financial officer (CFO). He replaces Steven Kessler, CFO since 1997, who has retired from that position and has assumed the role of chairman of Resource Capital, a real estate investment trust sponsored and externally managed by the company.
Prior to becoming SVP in 2005, Elliott was a vice president-finance from 2001 to 2005. He also served as CFO of Resource Capital, serving from September 2005 until June 2006. From 1997 to 2001, Elliott held various financial positions at Fidelity Leasing, a former subsidiary of Resource America, including manager of financial planning, director of asset securitisation and treasurer.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.