Specialist retail property manager, Federation Centres has appointed a new chief executive reflecting its merger with Novion Property Group.
The company announced this week it had appointed Novion's Angus McNaughton in the role, succeeding Steven Sewell.
The announcement said Sewell had ceased his role as CEO and as a Director by agreement, following the successful completion of the merger transaction between Federation Centres and Novion Property Group in June.
Confirming the change, Federation centres chairman, Peter Hay said Sewell had been a driving force behind the merger.
McNaughton was Managing Director and CEO of Novion.