British Land’s chief financial officer (CFO) Bhavesh Mistry is stepping down from the role to become CFO of Kingfisher.
Mistry, who is an executive director at British Land and was appointed to the company’s board in 2021, has a 12-month notice period and will remain in his current role until a replacement is found.
British Land said the search for a new CFO was already underway and a further announcement would be made in due course.
Simon Carter, CEO of British Land, said: “I’d like to thank Bhavesh for his significant contribution in the past three years over which time we have allocated capital well, controlled costs and positioned the balance sheet to seize the opportunities that are now emerging.”
