Octopus, the company that is building businesses to transform broken industries and currently manages more than £7 billion, today announced the appointment of Helen Cowing as Chief Financial Officer (CFO) for the Group.
The appointment comes as the Group embarks on its ambitious next phase of growth. This includes plans to almost triple institutional assets under management over the next five years, and reach two million energy customers over the next decade.
Helen has extensive experience leading and developing the finance function for a number of leading companies, most recently as Group CFO for ISG plc. Prior to that she was CFO for American Golf, Fat Face and the Selecta Group.
Helen has worked across a range of sectors for both private and publicly-listed companies. She has helped a number of growth businesses by developing robust finance strategies and building strong relationships with both lenders and equity partners.
Simon Rogerson, CEO of Octopus Group, said: “Helen brings with her brilliant skills and experience to support our growth. Our businesses are working to transform the markets that really matter to people – whether it’s our health, financial wellbeing or our planet’s future. Our mission hasn’t changed and we have a massive opportunity as we increase our retail and institutional funds under management. We are thrilled Helen has joined the team.”
Commenting on her appointment, Helen said: “I am delighted to be joining Octopus. It’s a successful, high growth group that is making a big impact in the markets it operates in. It’s at an exciting stage in its development, having recently formalised its Group structure to support the continued growth of its core business areas. I am looking forward to working closely with colleagues across the group to continue Octopus’ impressive track record and build sustainable value in the process.”
Octopus Investments, Octopus Healthcare, Octopus Ventures, Octopus Property, Octopus Energy and Octopus Labs are all part of the Octopus Group. The Group currently has more than £1.6 billion of institutional funds under management.