Simon – who is currently chief financial officer at Logicor – had previously spent over 10 years at British Land in a variety of financial and strategic roles and was a member of the executive committee from 2012.

He also served as finance director at Quintain Estates & Development PLC prior to joining Logicor.

Simon will replace Lucinda Bell, who had previously intended to step down and leave the company on 4^th April 2018.

Lucinda will now step down from her role as a main board director, as well as her day-to-day responsibilities as CFO, with immediate effect.

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A team of three executive directors and senior members of group finance – including the financial controller and head of investor relations – has been established to manage the transition to the new CFO.

Chris Grigg, chief executive of British Land, said: “We are delighted to welcome Simon back to British Land.

“In his roles at Quintain and Logicor, he has gained a very broad perspective and significant leadership experience and expertise. 

“During his previous time with the company, he was an incredibly capable and experienced member of our senior team, contributing to the company’s development through a number of roles, including treasury, corporate finance and strategy.”

Simon’s start date will be announced in due course.