Hammerson - owner of Dundrum, Ilac, Kildare Village and Belfast's Abbey shopping centres - names new finance chief

Hammerson, the owner of shopping centres in Britain and Ireland, named insurance giant AIG executive James Lenton as its new finance chief, months after saying Timon Drakesmith would step down from the role this year.

Mr Lenton, whose LinkedIn page says he was chief financial officer of the US insurer’s European business and its European group until June, will take over the role from October 1.