Ex-Hammerson France chief takes top job at Gecina

Christophe Clamageran has been appointed the new CEO of French listed property group Gecina with immediate effect, the company announced in a press release. Clamageran, 46, was previously CEO of Hammerson France, in charge of the company's activities in Continental Europe. At Gecina, he will replace Antonio Truan who held the CEO post for five years.

Commenting on his appointment, Clamageran declared: 'The Board of Directors has entrusted me with an outstanding challenge. Indeed, Gecina is a growing business that has achieved excellent economic and operational performances over the last few years under the leadership of Antonio Truan, in a difficult economic climate.

'Drawing on a governance structure that has been further strengthened, my aim will be to continue developing Gecina and further strengthen its position as a leader of the European real estate market.'

Clamageran began his career with the Auguste Thouard Group before moving to DTZ. He then spent 11 years within the BNP Paribas Group, where his positions included Chairman of Meunier and Deputy Chief Executive Officer of BNP Paribas Real Estate, heading up real estate development and third-party management activities.

The management change follows recommendations by consultant Spencer Stuart which was commissioned by Gecina to review the company's governance structure. A series of measures was recommended, incuding the separation of the posts of Chairman (non-executive) and Chief Executive Officer (executive).

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