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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Shopping centre owner Hammerson has appointed James Lenton as the company’s new CFO, and will take the role on 1 October.

He will succeed Timon Drakesmith, the current CFO and MD, Premium Outlets, who as announced in May 2019, Drakesmith will step down as an executive director and CFO on 1 October and leave on 15 November, following a handover and transition period.

Linton joins Hammerson having recently left AIG, which he originally joined in 2013 as deputy CFO for EMEA. In 2014 he was promoted to CFO and board member of AIG’s European Group, a position he held for four years.

He is also a chartered accountant, and has worked at two of the ‘Big Four’ firms, PwC and Ernst and Young, serving as a partner at the latter.

David Tyler, chair of the board, Hammerson said: “We look forward to welcoming James to the business. During his career he has demonstrated significant success in working with and managing complex organisations which are experiencing periods of substantial change.

“We expect his track record in this area, combined with his ability to bring a fresh perspective, to be very valuable to the on-going management and performance of Hammerson.”

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