Sir Robert Finch today resigned as chairman of Liberty International to pursue ‘a number of very promising opportunities.’

Finch will step down from the company’s board on 31 July after three years as chairman.

‘I have now completed my term of office at Liberty International and now wish to pursue a number of very promising opportunities,’ he said.

Company is well placed
‘We have achieved much in my time at the company. It is now a REIT, we have repositioned Capital & Counties and I leave with the company well placed for the years ahead. I wish the company well.’

In a stock exchange announcement liberty international said it ‘much regrets’ Finch’s departure.

Patrick Burgess to replace Finch
He will be replaced by Patrick Burgess, 63, chairman of Liberty’s audit committee.

Burgess is a former senior partner at Gouldens, which merged with Jones Day in 2003, and is a non-executive director of Standard Bank London.