Sirius' co-founder and managing director to leave Sirius Property Finance to start a new business
Sirius Property Finance has become a wholly owned subsidiary of Brightstar Financial once again, following the Brightstar Group’s reacquisition of Nicholas Christofi’s shareholding in the business.
Christofi – Sirius’ co-founder and managing director for three years – and minority shareholder Leoni Alexandrou will leave the company to start a new business, along with other personnel as part of a pre-planned and agreed arrangement.
According to the group, a new management team is already in place at Sirius, the details of which will be announced later.
In 2020, Brightstar Financial announced changes to its group structure, with Sirius Property Finance trading as a separate limited company under the leadership of Christofi.
Rob Jupp (pictured), group chief executive at the Brightstar Group, credited both Christofi and Alexandrou for their contributions to the growth of Sirius during their time with the company.
“I would like to express my thanks to Nick, Leoni, and the team members who leave Sirius to join in Nick’s next business venture for all their efforts since joining the business,” Jupp said. “We are proud of the entire team at Sirius Property Finance and look forward to seeing the growth and success of the business continue over the months and years ahead.”
Christofi stated: “I would like to thank Rob and the team for all their combined efforts in supporting the success and development of Sirius since I first joined back in 2016. I am looking forward to beginning an exciting new venture outside of the Brightstar Group.”
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