British Land’s senior independent director steps down

Preben Prebensen, British Land’s senior independent director, is stepping down from the REIT’s board at the end of January. Former Close Brothers chief executive Prebensen joined the board in 2017 and took on the role of senior independent director in 2020, leading the search for chair William Rucker. Loraine Woodhouse will take his place. Prebensen said: “It has been a privilege and pleasure to serve on the British Land board for over seven years. Having overseen the chair succession, it feels like an appropriate point for me to stand down.” Rucker added: “Preben has been an exemplary board colleague whose expertise is well regarded both inside and outside British Land. His contribution will be missed and we wish him well in his other endeavours.”