Capital & Regional appoints former Capco SID as non-exec

Shopping centre REIT Capital & Regional has appointed former Capco senior independent director Gerry Murphy as a non-executive director. Murphy will join the REIT’s audit, nominations and remuneration committees. He will take over as audit committee chairman from Ian Krieger, effective from the company’s annual general meeting on 3 June. Krieger will stand down from the board on that date, having served his full nine-year term as an independent director of the company. Murphy is a non-executive director at Currys. He is also a non-executive board member at the Department of Health and Social Care, chairing its audit and risk committee, and is a co-opted member of the NHS England audit and risk assurance committee. He was SID at Capco for more than five years, until 2020. Before that, he was a partner at Deloitte, as well as a board member and chairman of the accountancy giant’s audit committee. Prior to that, Murphy was chairman of the audit and assurance faculty of the Institute of Chartered Accountants in England and Wales. David Hunter, chairman of Capital & Regional, said: “Gerry brings a wealth of retail, property and financial experience from a diverse range of real estate and related businesses which is directly relevant to our strategy. his expertise will be invaluable to the company and its future growth ambitions, and the board and I very much look forward to working with him.” “On behalf of the board, I would also like to thank Ian who has been a highly supportive and insightful board member during a period of significant change for the company.”