British Land has announced the appointment of a new Chief Financial Officer who will join the company later this year.
Joining the company from Tesco where is the current deputy CFO, Bhavesh Mistry has previously spent more than five years at Whitbread PLC, where he was Finance Director of Whitbread Hotels & Restaurants.
Commenting on the appointment, British Land Chief Executive, Simon Carter, 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.”
In his new role, Bhavesh will receive a base salary of £490,000 along with a slew of additional benefits. He is expected to join British Land by the first of August, and until then David Walker will continue in his role as Interim Chief Financial Officer.
Bhavesh Mistry, incoming CFO 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.”