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Pin to quick picksSchroder Real Regulatory News (SREI)

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Schroder Real Estate is an Investment Trust

To provide the shareholders with an attractive level of income, together with the potential for income and capital growth, from investing in a diversified portfolio of UK commercial real estate.

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Non-Executive Director Change

1 Nov 2023 07:00

RNS Number : 8962R
Schroder Real Estate Inv Trst Ld
01 November 2023
 

 

Non-Executive Director Changes

 

Schroder Real Estate Investment Trust Limited (the 'Company') announces the appointment of Sanjay Patel as an independent Non-executive Director with effect from 1 January 2024. Mr Patel will be a member of the audit, management engagement, and nomination committees.

 

Mr Patel is a Chartered Accountant and is currently Chief Financial Officer and a Board member of Cadogan Group Limited, a large private real estate investment company. Prior to this role, Mr Patel served as Group Finance Director on the Board of Strutt & Parker LLP. Mr Patel is also a Member of the Audit and Risk Committee at London & Quadrant Housing Association. 

 

It is confirmed that there are no other details to be disclosed concerning the appointment under Listing Rule 9.6.13 R.

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It is intended that Mr Patel will replace Stephen Bligh on his retirement as Chair of the Audit Committee, which is expected to take place before the Company's next Annual General Meeting.

 

Alastair Hughes, Chairman of the Company, said:

 

"I am delighted to welcome Sanjay to the Board, who has extensive finance and accounting experience at a diverse range of real estate and related businesses. I fully expect Sanjay to build on Stephen's excellent stewardship in this role since his appointment in 2015."

 

For further information: 

 

Schroder Real Estate Investment Management Limited: Nick Montgomery / Bradley Biggins / Matthew Riley

020 7658 6000 

FTI Consulting: 

Dido Laurimore / Richard Gotla / Ollie Parsons 

020 3727 1000 

 

 

 

 

 

 

 

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