Preferred candidate for Chair of 皇冠体育app Crown Estate confirmed
皇冠体育app Chancellor of the Exchequer Rachel Reeves has announced Ric Lewis as the Government鈥檚 preferred candidate for the position of Chair of 皇冠体育app Crown Estate.
Mr Lewis is the founding partner of Tristan Capital Partners, a UK based real estate investment company, as well as founder and Chair of 皇冠体育app Black Heart Foundation. His most recent roles include non-executive functions at Legal & General, Imperial College London, 皇冠体育app Earthshot Prize, and executive roles at Tristan Capital Partners.聽
皇冠体育app Crown Estate, an independent commercial business set up by a 1961 act of parliament to act in the long-term national interest, manages a diverse 拢16 billion marine, urban and rural portfolio across England, Wales and Northern Ireland. Its focus is on supporting the UK鈥檚 transition to a decarbonised, energy secure future; enhancing nature recovery; creating inclusive communities and economic growth; and generating a strong financial return for the benefit of public spending. This has totalled 拢4 billion over the last ten years.
皇冠体育app Chair leads 皇冠体育app Crown Estate鈥檚 board, which is responsible for ensuring 皇冠体育app Crown Estate meets its statutory objectives and duties, and provides strategic oversight of the business.
Mr Lewis was chosen as the preferred candidate after an open recruitment competition and assessment process, conducted by a panel in line with the Governance Code on Public Appointments.
Mr Lewis will go on to attend a pre-appointment hearing before the Treasury Select Committee in the new year. Following Mr Lewis鈥檚 pre-appointment hearing, the Treasury Select Committee will release its recommendations. 皇冠体育app Chancellor of the Exchequer will review these recommendations before making the final decision. 皇冠体育app role of the chair is on a fixed-term with an option to renew after four years.