British Land appoints Irvinder Goodhew as a Non-Executive Director
21 May 2020
The Board of The British Land Company PLC ("British Land") is pleased to announce the appointment of Irvinder Goodhew as a Non-Executive Director, with effect from 1 October 2020.
Irvinder brings over 25 years of experience in various operational and strategic roles, in a broad range of sectors including retail, consulting and financial services. She is currently a Transformation Director at Lloyds Banking Group plc, a position she has held since 2018. Previously, Irvinder held senior operations, business development and strategy roles in several multi-national businesses and consulting groups in both the UK and Australia, including J Sainsbury plc, Coles Group, AT Kearney, IBM, BOC Group and Accenture.
The Board also announces that William Jackson will remain on the Board for an extended period of up to 12 months. William had previously announced his intention to step down at the 2020 AGM, however, after his 9 years service on the Board and given the current uncertainty brought about by Covid-19, the Board believe there is clear benefit in retaining William's expertise and experience for an additional period of time. William will, as previously announced, stand down as Senior Independent Director and a member of the Nomination Committee at the time of the 2020 AGM.
Commenting on these changes, Tim Score, Chairman of British Land, said:
"I am delighted to welcome Irvinder to the British Land Board. She will bring a wealth of relevant experience and expertise gained across various sectors, in particular retail, and will add a valuable perspective to complement and enhance our existing Board. I am also pleased that William will remain on the Board for a short additional period of time. Given the current unprecedented challenges faced by our business, like many others, as a result of Covid-19, his experience and expertise will continue to be of huge value to our Board and the broader British Land business."
Irvinder has no other disclosures to make pursuant to LR 9.6.13 R.
Enquiries:
Investors & Analysts: David Walker 07753 928 382
Media: Charlotte Whitley 07887 802 535
About British Land
Our portfolio of high quality UK commercial property is focused on London Offices and Retail around the UK. We own or manage a portfolio valued at £15.4bn (British Land share: £11.7bn) as at 30 September 2019 making us one of Europe's largest listed real estate investment companies.
Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer. We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them. This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.
Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 55% of our portfolio. Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 41% of our portfolio. Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 53 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.
Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing. In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental achievements over a period of five years.
Further details can be found on the British Land website at www.britishland.com