LUCINDA BELL is set to take the finance director of British Land.
Bell is currently deputy FD and takes over from Graham Roberts on 24 May, succeeding him on the board on 30 June.
She joined British Land in 1991 having qualified as a chartered accountant with Arthur Andersen.
Bell was the sole property company member of the Treasury working party into creating the REIT structure, and has chaired the finance and property committee of the University of Westminster.
Roberts had served in the FD role for the past nine years.
“We thank Graham for his significant contribution to the company as finance director for the past nine years; he leaves with our very best wishes for the future. British Land has developed a very strong finance function under Graham’s leadership,” said chief executive Chris Grigg.
“It is particularly pleasing that Graham’s successor is an internal appointment from this excellent team. Lucinda has worked for the company in a wide range of finance positions and has consistently demonstrated that she has the capability and experience to be an outstanding finance director.”
The company’s share price fell 7p to 559p during this morning’s trading.