Aspen Property Group appoints new CFO

Company News

by Anna Napoli

Property group Aspen (ASX:APZ) has today announced the appointment of Devron Abdol as its Chief Financial Officer.

Devron joined Aspen in 2016 and was Group Finance Manager.

He has over 15 years of international experience in finance and assurance services in the Family Office sector and at Ernst and Young in South Africa, USA, the Netherlands and Australia.

The appointment comes after the company posted a statutory loss of $7.92 million for FY19. After adjusting for asset devaluations, transaction costs and other non-underlying items, Aspen achieved an underlying profit of $4.96 million.

Shares in Aspen (ASX:APZ) closed 3.08 per cent lower at $1.10 yesterday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.