Big name appointments to Landmark Group Board16th February 2020
Landmark Group has announced the appointment of two heavyweight board advisors, Steve Nobes and Alex Veys, to its board as well as a rebrand in its twentieth anniversary year.
Landmark Group is now the umbrella brand for the various group entities which includes ground rent investor Landmark Investments, resi sales underwriter Landmark Development Solutions (LDS), management business Landmark Collections and fund manager Landmark Asset Management.
Steve is an experienced director in disruptive and unique businesses. Having worked closely with both John Caudwell (Phones 4u, Caudwell Group) and Noel McKee (webuyanycar.com).
He has a proven track record as a highly successful CFO generating exceptional uplifts in stakeholder value for a range of businesses and sits on the board of a variety of private equity backed businesses.
Commenting on his appointment he said: “I’m excited to join Landmark Group. I’ve known Mark for a number of years and have always been impressed with the constant innovation and progress demonstrated. The LDS business in particular has the potential to fundamentally change the way developers approach sales and funding in the £75bn new build housing market”.
Alex Veys, who will be based out of Central London, has an impressive track record working at high level within large financial institutions and is well respected within the City. Most recently he has been the Chief Investment Officer at Hiscox responsible for a $6bn (£4.6bn) portfolio of assets and prior to that Partnership Assurance where he had a £6bn portfolio.
Alex said “I became aware of Landmark through my roles in the institutional investment markets and have a strong understanding of ground rents. The Group is exceptionally well run and has built a fantastic platform for future growth. The investment business is now established at a level and scale where very large pools of ultra-long term capital become accessible. I will be working closely with Mark and the team to deliver the ambitious growth plans for 2020 and beyond”.
Mark Hawthorn, CEO Landmark Group said: “The appointments of Steve and Alex have really brought home how far we have come since I set up Landmark in my bedroom back in 2000. We maybe in our twentieth year yet we are only just beginning to realise our true potential. Our core investment portfolio will clear £100m of value in the coming months and our LDS business has the potential to become a multi-billion pound entity. We have had a great start to 2020 and are relishing the year ahead”.
Steve and Alex join non-executive chairman – David Lathwood who was appointed to the board in 2016. David is North West chairman at JLL and a senior advisor to Rothschild & Co. He has been instrumental in Landmark Group’s expansion over recent years.