TOP NEWS: British Land Picks Tesco Deputy CFO As New Finance Chief

(Alliance News) - Property developer British Land Co PLC on Tuesday said it has appointed current ...

Alliance News 19 January, 2021 | 8:32AM
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(Alliance News) - Property developer British Land Co PLC on Tuesday said it has appointed current Tesco PLC Deputy Chief Financial Officer Bhavesh Mistry as its own CFO.

Mistry has been deputy CFO at supermarket chain Tesco for more than two years. Prior to Tesco, he was finance director of Whitbread Hotels & Restaurants at Whitbread PLC. He also has held senior finance and strategy positions at brewer Anheuser-Busch InBev NV and Virgin Media.

The new finance chief is set to join the board of British Land as an executive director no later than August 1. Until then, David Walker will remain as interim CFO at the London-headquartered firm.

Chief Executive Simon Carter said: "I am delighted Bhavesh is joining British Land at this important time for our business. His deep expertise in finance and wealth of experience in business transformation in fast moving industries will be invaluable as we continue to move our business forward and deliver against our strategic priorities."

Shares in British Land were up 1.1% at 459.00 pence in London on Tuesday morning.

By Anna Farley;

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