Leadership

Skills and experience:

Ian has over 38 years’ experience in global real estate investment, development, asset and corporate management, and extensive experience and knowledge of the London property market, having previously been Chief Executive of Capital & Counties Properties PLC (“Capco”) since Capco’s inception in 2010. Ian leads Shaftesbury Capital, shaping strategy and driving performance. Ian was previously Executive Director of Hongkong Land Ltd and Liberty International PLC. Ian is a chartered surveyor and a member of leading international industry bodies.

External appointment:

• Chairman of The Urban Land Institute UK

Date of first appointment:

May 2010

Skills and experience:

Combined with leadership of Shaftesbury Capital’s finance functions, Situl makes a broader contribution to the business through oversight of investment strategy, risk management and technology, and working closely with the Chief Executive on strategy, capital allocation, commercial matters and key transactions. Situl joined Capco in 2014 and has undertaken a number of senior roles across the business, before being appointed Chief Financial Officer in 2017. He is an experienced corporate financier, having previously worked in mergers and acquisitions, equity capital markets, corporate broking and real estate investment banking, including 13 years at Deutsche Bank.

External appointments:

• Non-executive Director of WH Smith PLC

Date of first appointment:

January 2017

Skills and experience:

Jonathan joined the Shaftesbury Capital Board in March 2023 following the merger between Shaftesbury and Capco. Prior to the merger, Jonathan was Chairman of Shaftesbury, having joined in 2016.

Jonathan has over 27 years’ experience of public company boards and their operations and was previously Chairman of Ibstock plc and Non-executive Director and Chair of the Audit Committee of Great Portland Estates plc, SIG plc and DS Smith plc. He was also Senior Independent Director of Great Portland Estates plc and DS Smith plc. Prior to this, Jonathan was finance director of Hanson plc and of Old Mutual plc.

Jonathan has over 21 years of experience in the property sector and is a member of the Institute of Chartered Accountants in England and Wales and a fellow of the Association of Corporate Treasurers.

Date of first appointment:

March 2023

Skills and experience:

Sian joined the Shaftesbury Capital Board in September 2024 as an Independent Non-executive Director and became the Senior Independent Director in December 2025. Sian is an experienced non-executive director in the private retail, fashion and beauty sectors. Since 2014, Sian has been a Senior Advisor to Rothschild & Co in the Global Advisory Division, where she previously held a number of senior executive roles specialising in retail and luxury M&A. 

External appointments:

• Chair of Strathberry Group Limited and Fenwick Limited
• Non-executive Director of ASC Regenity Limited (trading as Augustinus Bader)
• Non-executive Director of Lyma Life Limited
• Member of the Executive Board of the British Fashion Council
• Member of the International Advisory Board of Brown Advisory 
• Trustee of The Barbican Centre Trust

Date of first appointment:

September 2024

Skills and experience:

Richard joined the Shaftesbury Capital Board in March 2023. He was Senior Independent Director following the merger between Shaftesbury and Capco from March 2023 to December 2025. Prior to the merger, Richard was Senior Independent Director and Chair of the Sustainability Committee at Shaftesbury, having joined in 2017. Richard was previously Chairman of Redrow plc until its merger with Barratt Developments plc; Non-executive Director, Senior Independent Director and Chairman of the Remuneration, Safety, Health and Environmental Committees of Barratt Developments plc until 2021; Non-executive Director of Unite Group plc; and a fellow of the Royal Institution of Chartered Surveyors. Prior to this, Richard was a senior executive of Land Securities Group plc from 1995 and joined the main board in 2005 as managing director of the retail portfolio until 2014.

External appointments:

• Chairman of Ibstock plc
• Chairman of Miller Homes Limited

Date of first appointment:

March 2023

Skills and experience:

Madeleine joined the Shaftesbury Capital Board in August 2024 as an Independent Non-executive Director. Madeleine was Managing Director and Regional Head, Europe at GIC Real Estate from 2016 until 2021. Madeleine joined GIC in 1999 and previously held roles at JLL in valuation, fund management, leasing and development in London and Sydney. Madeleine was previously a Non-executive Director of Land Securities Group plc, retiring at the company’s AGM in July 2025. Madeleine is a chartered surveyor.

External appointments:

• Independent member of the CBRE IM EMEA Investment Committee and senior advisor to ICG Real Estate
• Trustee of the charity and Director of the company limited by guarantee The Story of Christmas
• Mentoring roles with IntoUniversity and Girls Are Investors (“GAIN“)

Date of first appointment:

August 2024

Skills and experience:

Rachel joined the Shaftesbury Capital Board in May 2026 as an Independent Non-executive Director and Chair of the Audit Committee. A qualified accountant, Rachel was Chief Financial Officer of St Modwen Properties Ltd from 2021 to 2023 and prior to that was Group Finance Director at PayPoint plc. Rachel has held various senior financial and strategic positions including Group Director of Strategy and Implementation at easyJet plc. Rachel is currently Senior Independent Director and Chair of the Audit and Risk Committee of JET2 plc, a Non-executive Director and Chair of the Audit and Risk Committee of Trustpilot Group plc and a Non-executive Director and Audit Committee Chair of Travelodge.

External appointments:

• Non-executive Director of Jet2 plc
• Non-executive Director of Trustpilot plc 
• Non-executive Director of Thame and London Limited (trading as “Travelodge“)
• Non-executive Director of SCA Investments (trading as “Gousto“)
• Non-executive Director of Aqua Midco 1 Ltd (trading as “Waterwipes”)

Date of first appointment:

May 2026