Landsec appoints new chief executive

Mark Allan is currently chief executive of St Modwen Properties and has held the position since November 2016.

Allan was formerly chief executive of The Untie Group and is a qualified chartered accountant.

Landsec’s current chief executive Robert Noel will continue in the role for the meantime with a further announcement on his official departure expected in due course.

Landsec chair Cressida Hogg said: “I am delighted to announce that Mark is to join Landsec as our next CEO. Mark has been a highly successful CEO of two companies in the property sector.

“He has demonstrated strong management skills and the strategic insights that we believe will build on the strengths of our business today and be invaluable for the next phase of Landsec’s evolution.

“On behalf of the Board, and all of my colleagues in the business, I welcome Mark to Landsec and look forward to working with him when he joins next year.”

“I would also like to restate the Board’s appreciation to Rob [Noel] for his successful leadership of Landsec as CEO and his continued commitment to the business.”

Allan said: “Landsec is an iconic property company with a fantastic heritage and I am delighted to have the opportunity to lead it.

“The world of real estate is undergoing significant change and I am confident, with the skills and experience already in place, that great opportunities lie ahead. I am looking forward to working with everyone at Landsec, the Board and its partners and customers.”