British Land names new chief financial officer

UK REIT British Land has appointed Bhavesh Mistry as chief financial officer (CFO). 

Mistry is currently deputy CFO at Tesco, a position he has held for over two years. Prior to that he spent more than five years at Whitbread, where he was finance director of Whitbread Hotels & Restaurants. He has previously held senior positions in finance and strategy at Virgin Media and Anheuser-Busch InBev and qualified as a Chartered Accountant at KPMG.

Mistry will become an executive director and join the main board. He is expected to join British Land no later than 1 August. Until then, David Walker will continue in his role as interim CFO.

Simon Carter, British Land's chief executive 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.'

Mistry said: 'I am very pleased to be joining British Land. The business benefits from high quality assets with exciting opportunities for growth and development. I’m looking forward to working with Simon and the team to realise this potential.'

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