Town Centre Share News (TOWN)

(Sharecast News) - Leeds, Manchester, Scotland and London property investor and car park operator Town Centre Securities announced the appointment of Lynda Shillaw as its new property director on Tuesday, to join the board on 5 November.The London-listed firm said its existing property director Richard Lewis would retire as planned from the board and the company.It said Shillaw was joining Town Centre Securities from Manchester Airports Group, where she served as the divisional chief executive officer of property since June 2014.She was a member of the MAG executive committee, responsible for the airport operator's £525m Investment portfolio and 1,000 acre development land bank across its UK airports, and also its interest in the £1bn Airport City joint venture.Prior to MAG, Shillaw was director of real estate at Scottish Widows Investment Partnership, managing director and global head of corporate real estate for Lloyds Banking Group, managing director of Co-Operative Estates, and director of property at BT.She held non-executive director positions on the board of the Crown Estate and VIVID housing association.Town Centre said Richard Lewis had a "long and distinguished" career at the firm, having joined the Company in 2000 and appointed to the board in 2001."We are delighted to have recruited someone with the calibre and reputation of Lynda Shillaw to join Town Centre Securities," said chairman and chief executive officer Edward Ziff."We believe that Lynda's breadth of investment and development experience, combined with her past involvement in real estate financing will be invaluable as we embark on the next stage of the company's growth, including undertaking the most significant development pipeline in TCS's history."We are confident that Lynda's passion for delivery combined with her reputation and knowledge will make her a powerful new addition to the TCS team."Ziff also personally thanked Lewis for his "long-standing commitment" to Town Centre Securities."Richard's contribution has been invaluable, notably with some of our most significant schemes, beginning with the construction and sale of No1 Whitehall Riverside in Leeds, the continued development of Piccadilly Basin in Manchester, and most recently the re-development of Merrion House in Leeds."We wish Richard a long, happy, and healthy retirement."