Former Wayfair Europe finance chief Rahul Raswant has been appointed as the company's new chief financial officer.

Raswant takes over the position from Götz Möller, who is stepping down after more than three years at the company, bringing diverse international experience to the role.

Prior to joining PPRO, he was Wayfair European finance head for three years. Earlier roles include Standard Chartered Bank managing director, Passport Capital investor and close to a decade at McKinsey - Co. Raswant holds an MBA from Columbia Business School.

"I have the pleasure of welcoming Rahul Raswant to the team as our new CFO," PPRO CEO Simon Black says.

"Rahul's mix of international consulting, banking, investing, enterprise and entrepreneurial experience will be valuable for the next phase of PPRO's growth and development.

"I'd also like to take this opportunity to thank Götz Möller for his huge contribution over the last three years, helping reshape the business.

"Standout achievements include transforming our finance, treasury, legal - compliance, internal audit and enterprise risk functions, and playing a lead role in strategic acquisitions, divestments, and multiple funding rounds.

"In addition, he led our board and shareholder governance activities. On behalf of the whole team, I'd like to wish Götz all the best in his next career move and for the future."