St Modwen's Mark Allan joins Land Secs as new CEO

UK REIT Land Securities has announced the appointment of Mark Allan as its next Chief Executive Officer.

Mark Allan is currently Chief Executive Officer of St Modwen Properties, a role he has held since 1 November 2016. He joined St Modwen Properties from The Unite Group, where he was CEO from 2006 until May 2016.

He will take up the new role, and become an executive director, with effect from a date to be confirmed but by no later than 1 June 2020.

Commenting on the appointment, Cressida Hogg, chairman of Landsec, 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.'

Robert Noel will continue as CEO for the time being and a further announcement will be made in due course regarding his leaving date, the company said.

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