British Land this morning appointed two fund managers to its board.

Steve Smith, the head of asset management and transactions in Europe for AXA Real Estate Investment Managers, is joining as chief investment officer and Charles Maudsley, the co-head of LaSalle Investment Management’s European operation, is joining to look after business expansion.

The appointments are in line with chief executive Chris Grigg’s desire to bring in more fund managers. A replacement for Andrew Jones, the departing head of retail, is still being sought.