Former CEO of the Bannatyne Group in the UK will lead Cavendish Maxwell from 1 July, 2016

June 26, 2016, Dubai: Leading UAE-based property consultancy Cavendish Maxwell today announced the appointment of Nigel Armstrong, former CEO of the Bannatyne Group in the UK, as Chief Executive Officer of the company. Armstrong will assume the new role on 1 July 2016. He will lead a team of over sixty people across eight departments providing valuation, agency, advisory, research, property data and building consultancy services for residential and commercial property.

"I am honoured to have been selected as Cavendish Maxwell's CEO. It is a privilege to be part of a dynamic organisation that provides high quality services to the best clients, fosters a supportive environment for talented professionals and is committed to socially responsible initiatives in the regions it operates," said Armstrong. "Cavendish Maxwell currently stands in a strong position in its industry, with an enviable reputation for its professional service delivery and efficiency. The underlying success of the company is down to the whole team and their dedication and commitment. Looking ahead, new opportunities for organic growth are being explored, some of which have already been identified. This coupled with new opportunities in new markets and emerging territories allows for very exciting prospects for Cavendish Maxwell in the coming months and years."

Armstrong's appointment is part of a corporate restructuring plan which has been underway over the last year. "The purpose of this appointment is to further strengthen the company structure to ensure we achieve our long term growth objectives." said Jay Grant, Founder and Managing Partner of Cavendish Maxwell, who will now be taking on the role of Chairman. "Nigel understands Cavendish Maxwell's unique position in the market as well as our huge potential, and together we will work to realise that potential over the next few years. Nigel possesses a strong managerial background with over twenty years' cross-sector senior management exposure. During his tenure at the Bannatyne Group, Nigel was instrumental in growing the group significantly and his track record of delivery and growing businesses is unquestionable. I can think of no one better to lead Cavendish Maxwell through the next stage of our development."

A qualified accountant by profession, Armstrong spent a large proportion of his career as CEO and shareholder at the Bannatyne Group (whose Chairman Duncan Bannatyne featured as an investor in the BBC's entrepreneurial TV show Dragon's Den) and has also held senior management positions across sectors including leisure, hospitality, health clubs, hotels, bars, children's day nurseries and manufacturing. Armstrong is a recognised leader in areas of credit process, acquisition, mergers, turnarounds and scaling up businesses. Click here to view Nigel's bio.

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Cavendish Maxwell
Cavendish Maxwell is a highly respected independent firm of chartered surveyors and property consultants focusing on property services throughout the Middle East and Africa. Established in 2008, Cavendish Maxwell has grown into one of the region's largest and highest profile property consultancies. Various teams provide valuation, agency, advisory, research and building consultancy services for all types of property.

© Press Release 2016