Iacobescu to step back from Canary Wharf role

Hall of Fame Sir George Iacobescu

Sir George Iacobescu is set to step down from the helm of Canary Wharf Group (CWG) after more than two decades in the role.

Sir George, 73, who is chairman and chief executive of CWG, will step back to the chairman role in October. Shobi Khan, 52, most recently the president and chief operating officer of US retail landlord General Growth Properties will take on the chief executive position.

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