PRS REIT Board of Directors

Roderick MacRae

Non-Executive Director

Rod has over 20 years’ experience in the financial services sector. Latterly, he was an Executive Director at Abrdn plc (previously Aberdeen Asset Management PLC) as the Group Head of Risk with responsibility for UK and Global operational risk and regulatory compliance. He was also chairman of the Abrdn group executive risk management committee, the senior risk oversight function of the group. He has extensive involvement in corporate activity including transformational acquisitions and defence strategies. Prior to that, Rod was Chief Operating Officer at Edinburgh Fund Managers, which he joined in 1991 and was acquired by Abrdn in 2003. Rod is a member of the Institute of Chartered Accountants of Scotland, having qualified with Coopers & Lybrand and is the Chairman of the REIT Audit Committee.

Geeta Nanda, OBE

NON-EXECUTIVE CHAIR

Geeta Nanda has over 35 years of experience in the property sector and was previously Chief Executive Officer of Metropolitan Thames Valley Housing Association, where she was responsible for the management of 60,000 homes, with 120,000 residents, and a building programme of over 1,000 new homes a year. She also has Private Rented Sector (“PRS”) experience, having established ‘Fizzy Living’, the PRS subsidiary of Thames Valley Housing Association in 2012. She is a Non-executive Director of Barratt Redrow plc and Trustee of Crises, the homelessness charity and Non-executive Director of Citra Pathways Lloyds.

She was previously a Non-executive Director of McCarthy & Stone plc, the retirement communities developer, a Board member of The National Housing Federation, Chairwoman of G15, the group of London’s largest housing associations as well as a member of the Mayor’s Homes for Londoners Board. She was also previously a Non-executive Director of The St Mungo Community Housing Association, the homeless charity, and Vice-chair of SCOPE, the disability charity.

Geeta was awarded an OBE in 2013 for services to social housing.

Karima Fahmy

SENIOR INDEPENDENT NON-EXECUTIVE DIRECTOR

Karima is a corporate lawyer with extensive experience of the UK property market. This encompasses investment, development and management of all property tenures, including residential. During her executive career, she worked at Grosvenor Group (“Grosvenor”), the international property group, latterly as General Counsel until 2020. She was a member of Grosvenor’s UK Executive Committee and involved in all aspects of Grosvenor’s property business, advising on a range of ventures, including new community schemes and placemaking projects. Prior to Grosvenor, Karima worked at Hogan Lovells, the global law firm, advising both listed and unlisted companies.

Karima holds two other non-executive directorships in the property sector. She is Non-Executive Director of Latimer Developments Limited, the development arm of the Clarion Housing Group, the UK’s largest housing association, and a Trustee of Clarion Futures, Clarion Housing Group’s charitable foundation. She is also Non-Executive Director of BCP FuturePlaces Limited, the urban regeneration company created by Bournemouth, Christchurch and Poole (BCP) Council. In addition, Karima is an Independent Board Member of University of Cambridge Property Board and Non-Executive Director of Bournemouth University. She is a trustee of United Learning Trust, a schools group, and trustee of Great Ormond Street Hospital’s Children's Charity, where she is also a Member of its Property & Development Committee.

Steffan Francis

Non-Executive Director

Steffan Francis has more than 40 years of experience in the real estate industry. Until his retirement, Steffan was a Director at M&G Real Estate where he was responsible for the £6 billion “Long Income” business. Previously he had been responsible for the institutional funds at M&G Real Estate and at Prudential Property Investment Managers. He was also an independent adviser to the British Steel Pension Trustees. Currently, Steffan is a non-executive Director of M&G (Guernsey) Limited. He is a Fellow of the Royal Institution of Chartered Surveyors and a member of the Investment Property Forum.

Christopher Mills

Non-Executive Director

Christopher founded Harwood Capital Management in 2011, a successor to its former parent company JO Hambro Capital Management, which he co-founded in 1993 and was formerly the Chief Investment Officer. He is currently the Chief Executive Officer and Investment Manager of North Atlantic Smaller Companies Investment Trust plc, a UK listed investment trust, and a Non-Executive Director of several companies including AssetCo plc, Bigblu Broadbad plc, Catalyst Media Group plc, EKF Diagnostics Holdings plc, Frenkel Topping Group plc, MJ Gleeson plc, Oryx International Growth Fund Limited and Renalytix plc.

Robert Naylor

Non-Executive Director

Robert has over 25 years' experience in capital markets specialising in investment companies and healthcare and is currently Chief Executive Officer of Intuitive Investments Group plc, an investment company, which is quoted on the Specialist Fund Segment of the London Stock Exchange's Main Market, providing investors with exposure to a portfolio of fast-growing technology and life sciences businesses. Additionally, Robert is Non-Executive Director of Niox Group plc.

Previously Robert was Chairman of Hipgnosis Songs Fund Limited, a FTSE 250 company, which was subject to a recommended cash offer by Lyra Bidco Limited, a newly-formed company indirectly wholly-owned by investment funds advised by affiliates of Blackstone Inc. Robert was Non-Executive Chairman of Round Hill Music Royalty Fund Limited and oversaw its sale to a company directly owned by Alchemy Copyrights, LLC, trading as Concord. He has also served as a Non-Executive Director of Light Science Technologies Holdings plc, an AIM-quoted controlled environment agriculture company. Earlier in his career Robert held various positions within JP Morgan Asset Management Limited, Panmure Gordon (UK) Limited and Cenkos Securities plc. Robert is a qualified chartered accountant, having started his career with Ernst & Young in 1996.