Board reshuffle makes way for next gen, says BL boss Grigg

The shake-up of British Land’s board, which will see two of its veteran executives leave the business, was an “opportunity to combine strategy with people”, according to chief executive Chris Grigg.

The reshuffle, which sees head of retail, leisure and residential Charlie Maudsley and head of offices Tim Roberts step down from the board from 31 March and leave the business following a transition period, has enabled the REIT to forge a path for the next generation.

Deputy head of retail Darren Richards (pictured left) has been promoted to the new position of head of real estate,