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Published
Sep 2, 2021
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Next adds property power to its board with Das appointment

Published
Sep 2, 2021

UK retail giant Next has added extra property and capital markets know-how to its board of directors, appointing Soumen Das as an independent non-executive director, effective immediately He replaces Francis Salway who stepped down from the board in May. 


Photo: Sandra Halliday


Das, who will also become a member of Next’s Nomination, Audit and Remuneration Committees, is currently chief financial officer of Segro, the largest UK and European Real Estate Investment Trust. 

He has over 11 years' board level experience with listed companies having also been managing director & chief financial officer of Capital & Counties Properties, prior to joining Segro. Before that, he was an executive director with UBS investment bank.

Non-executive director appointments may not be the most exciting personnel news as big listed companies, but non-execs do an important job. As well as ensuring that a firm’s governance meets high standards, they bring crucial experience to their roles.

And Segro’s business — which operates warehouses across Europe — is a relevant one for Next is a world in which e-commerce and fulfilment options are as important to it as fashion trends.

Next is widely seen as on one the best-run companies in the UK fashion sector and its board positions are prestigious.

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