Frasers Property UK has declared that its esteemed chief executive officer, Ilaria del Beato, will step down from her position at the month’s end to explore fresh endeavours. Having joined the fold in 2017, Del Beato has played a pivotal role in steering the transformation of the group’s UK operations.
She will continue to lend her expertise to Frasers Property UK in an advisory role.
In a strategic move, Matt Condren and Adrian Choo have been named co-leaders of the UK business. Condren currently spearheads business development efforts in the region, whilst Choo oversees research initiatives across the wider group.
Panote Sirivadhanabhakdi, group chief executive officer of Frasers Property, said: “On behalf of the group, I’d like to extend my sincere thanks to Ilaria for her strong leadership and meaningful contributions over the past seven years. She has been instrumental in building our UK platform and positioning the business for its next phase. We’re pleased that she will continue to share her counsel and insights in an advisory capacity.”