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Mark Preston

Mark Preston has taken over as Group Chief Executive. Peter Vernon succeeds him as Chief Executive of Grosvenor Britain & Ireland.

Global Outlook - July 2008

Global Outlook: Oil Prices, Inflation and Real Estate

Board

Our management team has a successful track record of achievement. Its strengths include sourcing investment opportunities, active asset management and the ability to establish strategic operating partnerships. We have an active Board that oversees all strategic decisions for Grosvenor Continental Europe. The Board is chaired by Tony Wyand.It is composed of nine members, four of whom are executive directors.

Luigi Maramotti

Luigi Maramotti
Non-executive Director

Luigi Maramotti is Chairman of Max Mara and Vice Chairman of the Max Mara Fashion group. He has built his career inside the family company. He is also Vice Chairman and member of the executive committee of Credito Emiliano, one of the top 20 banks in Italy and a director of Unicredito Italiano. Age 50.