Derwent London has announced two promotions: Jay Joshi has joined the executive committee and Philippa Davies has been promoted to head of leasing. Jay JoshiPhilippa DaviesJoshi, who joined the executive committee on 1 April, qualified as a chartered accountant with KPMG before joining the group in 2012 and was appointed treasurer in 2014. He worked on Derwent’s US private placements in 2016 and 2018, the latest convertible bond issue in 2019 and the arrangement or extension of £550 million of debt facilities in 2020. He also helped establish the group’s green finance framework and pioneered the sector’s first revolving credit facility with a green tranche in 2019. Davies, who became head of leasing on 1 April, previously held roles at Cushman & Wakefield before joining the Derwent 8 years ago.She was responsible for the letting campaigns at White Collar Factory EC1 in 2017 and 80 Charlotte Street W1, completed in 2020. She is leading the marketing campaign at The Featherstone Building EC1, which will be completed in the first half of 2022.