Crown Mortgage Management said Eric Stoclet will take over as the its CEO effective Feb. 1, following the departure of Steve Haggerty who is leaving the company to pursue other opportunities.

Stoclet is currently advising Crown and Forum Partners, a substantial investor in Crown, on the restructuring of the Crown group’s European holdings. Before that, he was group executive director at Noor Investment Group in Dubai and, until April 2007, worked for Citigroup for over 25 years, holding a number of senior positions in the U.S., Europe, North Africa and Latin America.

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