Sir George Iacobescu is handing over his full executive responsibilities to Shobi KhanThe man who was the driving force behind the creation of Canary Wharf — transforming abandoned docklands into London’s “second City” — is stepping back from his role. Sir George Iacobescu, 75, told staff at Canary Wharf Group that from next month he would no longer be responsible for development and construction at the company, which manages the 128-acre estate in east London. Canary Wharf is home to the headquarters of companies including JP Morgan, Citigroup, Barclays and KPMG. SponsoredThe Romanian-born civil engineer is handing over to Shobi Khan, 55, an American who became chief executive two years ago. Construction began on Canary Wharf in 1988 ALAMYIn a memo to staff seen by The Times,

Source: The Times June 03, 2021 17:41 UTC