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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 operator Hammerson has announced a number of changes to the composition of its board members.

Pierre Bouchut, non-executive director and chair of the audit committee has revealed that he will not be standing for re-election at the 2021 annual general meeting (AGM).

In turn, Mike Butterworth will take Bouchut’s place as chair of the audit committee upon completion of the AGM.

Moreover, Hammerson has announced the appointment of Habib Annous as a non-executive director at the group.

Commencing his role on 5 May 2021, Annous will act as a member of the audit nomination and remuneration committees.

A partner at Capital Group since 2002, Annous will provide the position with a total of 30 years of investment management experience.

Robert Noel, chair of the board at Hammerson, said that he was “pleased to welcome Habib to the board”.

He added: “He has extensive investment experience across a range of sectors, which will complement and enhance the existing skills we have at board level and bring a valuable and fresh perspective.  

“I would also like to thank Pierre on behalf of all the board for his service over the last six years, and particularly for his commitment over the last 12 months, and we wish him well.”

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