Scottish housebuilder Springfield Properties has confirmed the appointment of Iain Logan as the company’s chief financial officer.

He has been serving as interim CFO since March 2023, bringing experience from his previous roles as finance director and group financial controller within the company.

Mr Logan, a chartered accountant with the Institute of Chartered Accountants of Scotland, began his career at PwC in Edinburgh. Prior to joining Springfield Properties he spent significant periods at Murray International Holdings Limited and the AIM-quoted Omega Diagnostics Group plc.

He gained extensive corporate finance experience at Murray International, working on acquisitions, disposals, and fundraising, while also overseeing the financial control for its residential and property development company.

At Omega Diagnostics, a specialist medical diagnostics company, he served as group financial controller for nine years, where he led external financial reporting and managed finance teams across the UK, Germany, and India.

At Springfield, Mr Logan has played pivotal roles in managing financial operations, reporting, and banking relationships. He also proved instrumental in the acquisition and integration of Tulloch Homes in December 2021 and the Scottish housebuilding division of MacTaggart & Mickel in June 2022.

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.”

The confirmation of Mr Logan’s appointment to the board is pending the completion of regulatory due diligence.

He gained extensive corporate finance experience at Murray International, working on acquisitions, disposals, and fundraising, while also overseeing the financial control for its residential and property development company.

At Omega Diagnostics, a specialist medical diagnostics company, he served as group financial controller for nine years, where he led external financial reporting and managed finance teams across the UK, Germany, and India.

At Springfield, Mr Logan has played pivotal roles in managing financial operations, reporting, and banking relationships. He also proved instrumental in the acquisition and integration of Tulloch Homes in December 2021 and the Scottish housebuilding division of MacTaggart & Mickel in June 2022.

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.”

The confirmation of Mr Logan’s appointment to the board is pending the completion of regulatory due diligence.