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British Land appoints Tesco deputy as new CFO

Bhavesh Mistry is expected to join the property group as CFO no later than August 1, 2021

British Land -
Mistry is checking out of Tesco after a two--year stint

British Land PLC (LON:BLND) has nabbed Tesco’s deputy CFO to take over as its head of finance.

Bhavesh Mistry is expected to join the property group as CFO no later than August 1, 2020, with, until then, David Walker to continue as interim.

Mistry became deputy chief financial officer at Tesco over two years ago and prior to that spent five years at Whitbread’s Hotels & Restaurants arm.

Mistry will be an executive director of British Land and join the main board, the group said.

In a statement, Simon Carter, British Land’s chief executive commented: "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."

Quick facts: British Land

Price: 490.9 GBX

Market: LSE
Market Cap: £4.55 billion

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