Management board chairman Anka Reijnen of Dutch property company Nieuwe Steen Investments (NSI) is to trade in her job for that of chief financial officer, the company said on Wednesday. Reijnen, who has headed NSI since 2003, said in a statement that she preferred to be in a position 'more directly involved with real estate.'

Management board chairman Anka Reijnen of Dutch property company Nieuwe Steen Investments (NSI) is to trade in her job for that of chief financial officer, the company said on Wednesday. Reijnen, who has headed NSI since 2003, said in a statement that she preferred to be in a position 'more directly involved with real estate.'

An external candidate will be sought for the vacant CEO position with the aim to name a candidate as soon as possible, NSI said.

Reijnen said now that the company's new strategy of further growth and internationalisation had been put in place under the influence of Israeli shareholder Habas, it was ready for a new phase. 'My view is that this new phase requires a different type of leadership,' Reijnen said.

NSI announced its first deal outside the Netherlands in January with the acquisition of a shopping centre in Switzerland for EUR 21mln.