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Board of Directors

Raymond Mould, Executive Chairman

Raymond Mould qualified as a solicitor in 1964 and in 1976 was a co¬founder of Arlington, of which he became chairman in 1990, having been involved in the UK property market since 1970. Arlington was floated in 1986 and sold to British Aerospace in 1989 for £287 million. He was a director of BAE Systems plc from 1991 to 1992. Mr Mould was instrumental in the establishment of Pillar in 1991 and became its chairman in 1994 when Pillar was floated, a position he held until 2005 when Pillar was sold to British Land plc for £811 million. Until recently Mr Mould served as non-executive chairman of Arena Leisure plc.

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Patrick Vaughan, Chief Executive Officer

Patrick Vaughan has also been involved in the UK property market since 1970 and was a co-founder of Arlington in 1976 and of Pillar in 1991. He was chief executive of Arlington, which was floated in 1986, from 1990 to 1993 and of Pillar, which was floated in 1994, from 1994 to 2005. Mr Vaughan also served as an executive director of British Land plc from July 2005 to July 2006, following British Land’s acquisition of Pillar.

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Martin McGann, Finance Director

Martin McGann joined London & Stamford Property Limited in September 2008. From 2002 to 2005 he worked for Pillar, latterly as finance director. Between 2005 and 2008, Mr McGann was a director of Kandahar Real Estate. Prior to joining Pillar, Mr McGann was finance director of the Strategic Rail Authority, a body with responsibility for the strategic planning for UK railways, and head of real estate finance for Railtrack PLC. Mr. McGann is a qualified chartered accountant having trained and qualified with Deloitte

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Mark Burton, Non-executive Director

Mark Burton retired in June as the Chief Investment Officer for Real Estate for the Abu Dhabi Investment Council. He currently holds a range of non-executive directorships and advisory roles, all in real estate and on a global basis A chartered surveyor and banker during his career, Mr. Burton started working at London-based Cluttons in 1967. In 1982 he joined the United Bank of Kuwait, where he worked until 1999 when he joined AXA Investment Managers. After less than a year with AXA, Mr. Burton joined AIG Global Real Estate Investment (Europe) before joining Abu Dhabi Investment Authority as chief investment officer in its Real Estate Department in 2001.

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Charles Cayzer, Non-executive Director

Charles Cayzer having gained experience of merchant banking, commercial banking and corporate and project finance with Baring Brothers, Cayzer Irvine and Cayzer Ltd, was appointed a director of Caledonia Investments in 1985. Mr. Cayzer is also chairman of Easybox, Edinmore and The Sloane Club and a non-executive director of Eredene Capital and Quintain.

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Richard Crowder, Non-executive Director

Richard Crowder holds a range of directorships and consultancy appointments. Having worked as an investment manager with Ivory & Sime in Edinburgh and as a head of investment research with W.I. Carr in the Far East, he undertook a wide range of responsibilities for Schroders in London and the Far East, culminating in the role of managing director for Schroders’ Singapore associate. Having then worked as chairman of Smith New Court Far East and director of Smith New Court Plc, Mr Crowder was the founding managing director of Schroders’ Channel Islands subsidiary from 1991 until he became a non-executive director in 2000. Mr Crowder is a member of the Securities Institute and he resides in Guernsey.

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James Dean, Non-executive Director

James Dean is a Chartered Surveyor, Mr. Dean has worked with Savills plc since 1973 and was a director from flotation in 1988 to 1999. He is a non-executive Director of Daniel Thwaites plc and Branston Holdings, a partner in Heracles LLP and also Chairman of Pearlcrown, London & Lincoln and Patrick Dean which are family property investment and farming businesses.

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Humphrey Price, Non-executive director

Humphrey Price was finance director of Arlington from 1982 to 1992. Mr. Price was a director of Pillar from its formation and finance director from 1993 to 2004, resigning from the board in 2005 on its sale to British Land plc. Mr. Price was a non-executive director of London & Stamford Property Limited from incorporation until April 2009. Mr. Price is a qualified Chartered Accountant.

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