Skanska USA Names Pablo Rabagliati as New CFO
By Keith Loria September 3, 2021 1:07 pm
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Skanska USA Commercial Development has named Pablo Rabagliati as its new chief financial officer, based out of the Washington, D.C., office.
Skanska, a global construction and commercial development firm, has a large presence in the DMV with a planned 1.1 million-plus square feet of office, residential and retail space in the pipeline.
Rabagliati has been with the company for more than two decades, and was previously CFO at Skanska Asset Management. In his new role, he “will oversee the administration, financial and auditing operations of USA Commercial Development to ensure the company’s strong balance sheet is maintained and well positioned for market readiness,” according to a Skanska statement.
“As CFO, I will use my experience and background to ensure the company’s financial solid outcome is maintained and is well positioned for continuous project planning and development, while implementing effective financial oversight,” Rabagliati told Commercial Observer.
“In this new role, I will have the opportunity to continue my professional career at Skanska and play an integral part in the U.S. Commercial Development high-performance team. This business unit faces an extraordinarily profitable growing future, and I want to be part of it,” he added.
He is also charged with instituting financial strategies for both project planning and development to improve the company’s business model of self-financing select developments, per the statement.
Involved with Skanska for more than two decades, Rabagliati has spearheaded financial strategies across global markets. As CFO for Skanska Asset Management, he was responsible for the financial outlook and vision for the company’s North American and European asset management portfolio.
Skanska manages both the construction and development of its self-financed projects.
“My primary goal is to provide strategic and financial leadership that further leverages this unique model for an even more extraordinary future of growth,” Rabagliati said. “I am also looking forward to working in collaboration with all leadership team members to ensure financial effectiveness and stability to support the assessment of new market opportunities.”
Update: This story originally misattributed source material. This has been corrected. We apologize for the error.
Keith Loria can be reached at kloria@commercialobserver.com.
