Custodian Property Income REIT appoints David MacLellan to its Board as Independent Director

– UK, Leicester –  Custodian Property Income REIT (LON: CREI) today announced the appointment of David MacLellan to its Board as an Independent Non-Executive Director with effect immediately.

David MacLellan will also join the Nominations and Management Engagement Committees.

The Board anticipates his appointment as Chair of the Company, with effect from 8 August 2023.

About David MacLellan

David MacLellan has over 35 years of, experience in private equity and fund management and an established track record as Chair and Non-Executive director of public and private companies. During his executive career, David was an Executive Director of Aberdeen Asset Management plc following its purchase of Murray Johnstone Limited in 2000. At the time of the purchase Glasgow-based he was Group Managing Director of MJ, a Glasgow-based fund manager managing closed and open-ended funds, having joined MJ’s venture capital team in 1984. Before joining MJ he qualified as a Chartered Accountant at Arthur Young McLelland Moores (now EY).

David MacLellan is currently Chair and Managing Partner of RJD Partners, a private equity business; Non-Executive Director and Audit Committee Chair of J&J Denholm Limited, a family-owned business involved in shipping, logistics, seafood, and industrial services; and Non-Executive Director and Audit Committee Chair of Aquila Renewables plc, an investment trust.

David MacLellan is the former Chair and Senior Independent Director of John Laing Infrastructure Fund, an FTSE 250 investment company, former Chair of Stone Technologies Limited, former Chair of Havelock Europa plc, and former Non-Executive Director of Maven Income & Growth VCT 2 plc. He was also Chair of Britannic UK Income Fund for 12 years until 2013 and a director of several private equity-backed businesses.

For more information: https://custodiancapital.com/

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