Landsec appoints two new independent directors

LONDON - Land Securities (LON:LAND) Group (OTC:LDSCY) PLC, known as Landsec, has announced the appointment of Michael Campbell and Anne Richards as Independent (LON:IOG) Non-executive Directors. Campbell is set to join Landsec’s Board and Audit Committee on May 1, 2025, while Richards will take on her roles on September 1, 2025.

Michael Campbell, currently a Senior Managing Director and Head of International Real Estate at Pretium Partners, brings with him a wealth of experience in real estate investment. His prior roles include nearly nine years at Mubadala Investment Company, where he spearheaded international real estate investment initiatives, and leadership positions at UBS Wealth Management and JP Morgan. Campbell’s career began in real estate consultancy at Ernst & Young and Arthur Andersen. He holds a BA from Princeton University and an MBA from The Wharton School.

Anne Richards, the Vice Chair of Fidelity International since March 2024, has a long-standing career in asset management. Before her current position, she was the CEO of M&G Investments and held the role of Global Chief Investment Officer at Aberdeen Asset Management. Richards has been involved in the industry since 1992, with a focus on analysis, portfolio management, and investment strategy. Her academic credentials include an engineering degree from the University of Edinburgh and an MBA from INSEAD.

The incoming directors will be filling the gap left by Madeleine Cosgrave, who will retire from the Board and Audit Committee at the AGM in July 2025. Cosgrave, who joined the Board in January 2019, is recognized for her substantial real estate expertise, which has significantly benefited Landsec during her tenure.

Sir Ian Cheshire, speaking on behalf of Landsec, expressed enthusiasm about the new appointments, highlighting Campbell’s significant real estate investment experience and Richards’ extensive investment leadership. Cheshire anticipates that both will contribute valuable expertise to Landsec’s future board discussions, particularly as the company progresses towards its 2030 vision.

The announcement comes as part of Landsec’s ongoing board evolution and strategic planning. The company has not disclosed any further details requiring disclosure under Rule 9.6.13 of the Listing Rules.

This news is based on a press release statement from Landsec.

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