Property group announces Syers’ return as FD

TOWN Centre Securities today announced the appointment of a new finance director.

Duncan Syers will take up the post, which also includes the role of company secretary, on April 12, replacing Chris Kelly.

Syers was previously finance director of Town Centre from 1993 until 2001. During that time he was also chief executive of the company’s car parking operation which expanded significantly through acquisition in the late 1990s.

The operation was successfully sold for £40m to Q Park NV, a European Parking group in 2001 and Syers left the group to become group finance director of Q Park NV.

In 2003 he left Q Park and since that time he has been engaged in a variety of business ventures.

Last year, Syers resumed his association with the company when he was engaged on a consultancy basis to develop and expand its growing car park operations.

Edward Ziff, chairman and chief executive, said: “I am delighted to welcome Duncan back to Town Centre as our new finance director. He knows the business and management team well and has a strong prior track record as our finance director and in respect of our car parking business.

“We look forward to Duncan’s contribution as we enter the next stage of Town Centre’s business progression.”