Non-executive Director appointments

RNS Number : 2392A

Town Centre Securities PLC

19 December 2014

 

19 December 2014

TOWN CENTRE SECURITIES PLC

("TCS" or "the Company")

Non-executive Director appointments

Town Centre Securities PLC is delighted to announce the appointment of two new non-executive directors which will take effect from 1 January 2015:

Ian Marcus

Ian spent over 32 years as an investment banker latterly at Credit Suisse First Boston, having previously worked for Bank of America, UBS, NatWest and Bankers Trust/Deutsche.  He specialised in the real estate sector throughout his time in the City. Ian joined Credit Suisse First Boston in 1999 to establish its Real Estate Group, and became Managing Director and Chairman of its European Real Estate Investment Banking Group before retiring in 2012.

Ian is Chairman of the Prince's Regeneration Trust, a Crown Estate Commissioner, Chairman of the Bank of England Property Forum, a member of Redevco's Advisory Board and the Senior Independent Director for Secure Income REIT. He was appointed as a Senior Consultant to Eastdil Secured and Wells Fargo Securities in 2013. He is past President of the British Property Federation, and past Chairman of the Investment Property Forum.

Paul Huberman

Paul brings over 27 years' experience in the property and finance sector. Paul was previously finance director at quoted property companies Grantchester Holdings plc and Asda Property Holdings plc and managed pubs group Regent Inns plc.

Paul advises companies in the property and property finance sector. Most recently he has worked with the Administrators of the Targetfollow Group in disposing of its property portfolio and the Administrators of the Brooklands Hotel (Properties) Ltd in operating and selling the Brooklands Hotel. He has also separately advised the directors of Prestige Finance Ltd, the second mortgage provider, and the directors of West One Loan Ltd, the bridging loan provider, on operating and selling their respective companies.

Paul is a non-executive director at JCRA Group Ltd, the holding company of J C Rathbone Associates Ltd, the independent advisers on interest rate risk management, debt finance and foreign exchange exposure.

Commenting on the appointments, Edward Ziff, Chairman and Chief Executive said:

"I am delighted that Ian and Paul are joining Town Centre Securities. Their combined experience and knowledge of the sector will add significant strength to the executive team and the Board.

"I look forward to welcoming Ian and Paul to the Company in January and to working with them as we enter the next stage of the Company's development."

-Ends-

For further information, please contact:

Town Centre Securities PLC                                                                                                        www.tcs-plc.com

Edward Ziff, Chairman and Chief Executive                                                                         0113 222 1234

Duncan Syers, Finance Director

MHP Communications 

Reg Hoare / Adam Leviton                                                                                                           020 3128 8100

 

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