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Picton Property Income
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== Leadership team == '''Non-executive chair: Lena Wilson CBE''' Lena Wilson joined the board on 1 January 2021 as chair designate, assuming that role in February 2021, and is also chairman of the nomination committee. She brings a wealth of business experience to the role and currently serves as non-executive director on a number of boards, including NatWest Group and Argentex Group and is also Chair of Chiene + Tait LLP. Previously, Lena was chief executive of Scottish Enterprise from 2009 until 2017 and prior to that, was a senior investment advisor at The World Bank. '''Chief executive: Michael Morris''' Michael Morris was appointed to the board in October 2015. He has over 25 years’ experience in the UK commercial property sector and has worked with the group since launch in 2005. As chief executive he is responsible for the implementation of the company’s strategy. Prior to this, he worked in private practice, then becoming a senior director and fund manager at ING Real Estate Investment Management (UK). He is a member of the Investment Property Forum and has obtained the Investment Management Certificate and the IPF Diploma in Property Investment. '''Finance director: Andrew Dewhirst''' Andrew Dewhirst joined the group in March 2011 and became finance director and joined the board in 2018. Previously he was finance director of the group’s investment management subsidiary and was director of client accounting at ING Real Estate Investment Management (UK), a role he had held since 2006. At ING he was responsible for the accounting and administration of all the UK real estate vehicles and separate client accounts. He has over 30 years’ experience in the real estate and financial services sector and is an associate member of the Institute of Chartered Accountants in England and Wales and a member of the Investment Property Forum. '''Head of asset management: Jay Cable''' As head of asset management and a member of the executive committee, Jay Cable is responsible for overseeing all asset management activities in respect of the group’s property portfolio. He has worked for the group since launch in 2005, having formerly been a director at ING Real Estate Investment Management (UK). He has over 18 years of real estate experience and is a member of the Royal Institute of Chartered Surveyors and of the Investment Property Forum. {| class="wikitable" |+Company shareholders !Principal shareholders (source: FY22 Annual Report, data as at 5 May 2022) !(%) |- |Investec Wealth & Investment |16.2 |- |Ameriprise Financial |9.3 |- |BlackRock |5.6 |- |The Vanguard Group |4.1 |- |Tilney Smith & Williamson |3.8 |- |Brewin Dolphin |3.2 |}
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