Octagon welcomes new Finance Director

10/02/2020

Surrey-based luxury developer, Octagon Developments, has recruited former Deloitte Senior Director Nick Riggs as their Finance Director.

Nick Riggs started his career in audit at Deloitte over 23 years ago, quickly transitioning into Corporate Finance, where he spent the majority of his career working on M&A transactions for both Corporate and Private Equity clients. He has experience working across a wide range of business sectors, from financial services, TMT and manufacturing, to leisure, retail and real estate.

Nick Riggs comments, “I am delighted to be joining the Octagon family at this period of expansion, as we move beyond primarily delivering to the multi-million pound market, to supply a more diverse product in the coming years, as reflected in our current flagship development, Broadoaks Park, in West Byfleet.”

“Octagon are truly unique in their industry – not only do they offer an unrivalled quality of housing and customer service, but over the 40 years they have been operating, they have displayed the ability to adapt without compromising on their core business values. I look forward to working closely with the highly dedicated and passionate Octagon team as we focus on brand new challenges.”

Nick Riggs’ role at Octagon will incorporate supporting the Board on setting the strategy for growth, as well as managing the finance function, and leading relationships with lending banks and other key financial stakeholders.

Tim Banks, CEO of Octagon, comments: “It is a great pleasure to welcome Nick Riggs to Octagon. Having worked with such a diversity of companies, he is bringing a fresh pair of eyes to Octagon, incorporating the best practices and cultures of other industries into the property world. The relationships he has built with other businesses during his years at Deloitte will be crucial as we expand our development portfolio.”

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