The Mayor of London has appointed a board of advisors, including Sir Bob Kerslake, to help secure development and investment for Olympic site after 2012

David Ross, deputy chairman of The Carphone Warehouse will chair the board and will be joined by Sir Bob Kerslake and former Grosvenor chief executive Jeremy Newsum alongside others.

Johnson hopes the board will consider proposals for a separate investment vehicle to secure development and investment, in particular from the private sector, in high-quality regeneration in and around the Olympic Park.

His objective is to work with partners to establish this vehicle in 2009.

The Mayor will be advised on all aspects of the legacy programme for London, particularly regeneration proposals in and around the Olympic Park and east London after 2012, and on the business plan for the Olympic Park and legacy venues.

Johnson said: ‘The Olympic Park can and must be a landmark district of 21st century London that builds on the electrifying excitement and global recognition of the Games themselves.

‘This cannot be achieved without robust business and delivery plans, and a clear understanding of what will inspire private investors to make a long-term commitment to the area.

‘I’m looking to David Ross, supported by this new board, to act as the legacy champion bringing together people from many different backgrounds and ensuring we make the most of this once-in-a-lifetime opportunity.

‘On behalf of all Londoners, I am grateful that they have agreed to help with this important job.’