Senior executive has announced she is parting company with Manchester Airport

One of Manchester Airports Group’s most senior executives is leaving the business after four years.

Lynda Shillaw has announced she is leaving her post as divisional chief executive at Manchester Airports Group property division.

The property side of the business has seen major growth in recent years with major development around the airport.

Ms Shillaw is to join Town Centre Securities as property director – joining the board on November 5.

The property investor and car park operator has interests in Manchester, Leeds, London and Scotland.

During her time at MAG she was in charge of a £525m investment portfolio and 1,000 acre development land bank across its UK airports.

The former CEO was also heavily involved with the £1bn Airport City Joint Venture.

Before joining the airport group Shillaw had been director of real estate at Scottish Widows Investment Partnership, managing director and global head of Corporate Real Estate for Lloyds Banking Group, managing director of Co-Operative Estates and and a director at BT.

Richard Lewis, the company’s current property director, will retire as planned from the board and the company.

He has had a long and distinguished career at Town Centre Securities having joined the company in 2000 and was appointed to the board in 2001.

Edward Ziff, chairman and chief executive, said: “We are delighted to have recruited someone with the calibre and reputation of Lynda Shillaw to join Town Centre Securities.

“We believe that Lynda’s breadth of investment and development experience, combined with her past involvement in real estate financing will be invaluable as we embark on the next stage of the company’s growth, including undertaking the most significant development pipeline in TCS’s history.

“We are confident that Lynda’s passion for delivery combined with her reputation and knowledge will make her a powerful new addition to the TCS team.

“On behalf of the Board, I would like to personally thank Richard Lewis for his long-standing commitment to Town Centre Securities.

“Richard’s contribution has been invaluable, notably with some of our most significant schemes, such as the continued development of Piccadilly Basin in Manchester, and most recently the re-development of Merrion House in Leeds. We wish Richard a long, happy, and healthy retirement.”