Bri­tish Land fi­nance boss to leave firm

Yorkshire Post - Business - - NEWS -

THE CHIEF fi­nan­cial of­fi­cer of Bri­tish Land plans to stand down from the board and leave the prop­erty com­pany in April next year.

The com­pany, which owns the Mead­owhall shop­ping cen­tre in Sh­effield, said Lucinda Bell, who joined the board in March 2011 and was appointed CFO in May that year, in­tends to leave on April 4, 2018. Bri­tish Land will now start look­ing for a suc­ces­sor.

Chris Grigg, chief ex­ec­u­tive of Bri­tish Land, said: “We wish Lucinda well for the fu­ture and thank her for her sig­nif­i­cant con­tri­bu­tion to the com­pany over her time at Bri­tish Land. As CFO she has been in­stru­men­tal in strength­en­ing the bal­ance sheet and re­or­gan­is­ing our fi­nances so we have a strong plat­form for the fu­ture.”

Bri­tish Land and Land Se­cu­ri­ties, both large hold­ers of Lon­don of­fice prop­erty, have seen the value of their as­sets fall since the coun­try’s vote to leave the Euro­pean Union last year.

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