News Article financing GTC Hungary Poland
by Property Forum | Career

GTC has appointed Barbara Sikora, an experienced financial leader to head the financial activities of the group. She will replace Ariel Ferstman after he moves to lead GTC's expansion in new sectors and markets focusing on M&A, fundraising and capital markets.

Ariel Ferstman, the company's CFO, will move from his current position to lead GTC’s expansion in new sectors and markets focusing on M&A, fundraising, capital markets transaction and the creation of new investment platforms at the GTC Group level. As a result, effective 1 May 2023, Barbara Sikora has been appointed to the GTC Board as CFO, bringing with her extensive experience in the financial and real estate sectors.

"On behalf of the Board, I would like to thank Ariel for his great contribution to our company. Over the last few years, Ariel has repeatedly demonstrated his expertise, breadth of experience, understanding of the markets and, above all, bold decisions that have put GTC in a strong financial position, allowing us to grow and make new investments", said Zoltán Fekete, GTC’s President of the Management Board.

Barbara Sikora has almost 20 years of experience in the construction and real estate sector specialising in finance, asset and operational management. Before joining GTC, she held positions of Head of Corporate Finance as well as Asset Management Director for Residential Projects with G City Europe, where she was involved, among others, in setting up a new PRS platform, Urban Home. 

During her extensive career, Ms Sikora also acted as a Partner and Senior Partner for Griffin Real Estate, holding positions of the fund’s CFO as well as its selected platforms’ CFO and CEO. At the same time, she was the CEO of Chariot Top Group, a group of 28 shopping centres in Poland. Furthermore, over the years, she has held senior positions at Immobel Group SA, Centrum Development and Investment Sarl Group and Budimex SA being in charge of finance, tax, HR and administration of the groups.

Barbara Sikora is a member of the Polish Institute of Certified Accountants, a Fellow Member of the Federation of Chartered Certified Accountants (FCCA) and a Certified Internal Auditor (CIA). She graduated from the University of Poznan and holds an Executive Master of Business Administration with distinction from the University of Illinois Urbana-Champaign.