Justin Prakash has been promoted to CFO of Concord Music Publishing and Concord Theatricals.
Prakash replaces Kent Hoskins, who was promoted to CFO of Concord in March of this year.
Prakash will be based in London and will report to Hoskins.
In his new role, Prakash will be responsible for leading the global Publishing and Theatrical accounting teams, including all aspects of reporting, planning and corporate compliance.
He will partner closely with the senior executive team, especially Chief Publishing Executive Jim Selby and Chief Theatricals Executive Sean Patrick Flahaven, in assessing new artist signings, shows and opportunities.
Qualifying as a chartered accountant in 2004, Prakash joined classical music publisher Boosey & Hawkes in the same year.
In 2007, he was promoted to UK Financial Controller, and was involved in the sale of the company to the Dutch publisher Imagem.
As part of the 2008 post-acquisition restructuring Prakash was promoted to Group Financial Controller and was a key member of the sell-side finance team for the Imagem sale to Concord.
At Concord, Prakash took on the role of Group Financial Controller, Music Publishing and Theatricals, helping to integrate further acquisitions into Concord and to develop financial reporting within its growing business.
“[Prakash’s] dedication and forensic understanding of our business is second to none.”
Kent Hoskins, Concord
Kent Hoskins, Concord CFO, said: “I have worked closely with Justin for over 15 years and his dedication and forensic understanding of our business is second to none.
“He is a finance executive that marries the rare ability to work collaboratively with a diverse set of internal and external stakeholders, while delivering top notch financial reporting and analysis.
“I very much look forward to continuing our working relationship at Concord.”
“The Concord team consists of some remarkable people.”
“I am delighted to be taking up the role of CFO, Music Publishing and Theatricals.”
“The Concord team consists of some remarkable people. It is a pleasure to work alongside them.
“Thank you to Kent Hoskins for his continued support.”Music Business Worldwide