Development Securities today announced that Paul Willis, its joint chief executive, has decided to take early retirement citing family reasons

Willis joined the board in April 2004, having previously been a non-executive

director of the company from 1995 to 2002.

He joined DevSecs from Knight Frank, where he was a partner and head of the firm’s City office. While at DevSecs, he has played a significant role in advising the company on key developments including Shire House and Blackfriars Court.