Bhavesh Mistry will become new Kingfisher CFO

Kingfisher has announced that Bhavesh Mistry will join the company's board as Chief Financial Officer. Bhavesh will succeed current Chief Financial Officer Bernard Bot, who will retire to continue his non-executive career, the company said in a statement.

The timing of Bernard Bot's departure is yet to be confirmed but will be in January 2025 at the earliest, according to Kingfisher, and he will support the transition ahead of his retirement. An exact start date for Bhavesh will be announced in due course.

Bhavesh brings with him extensive experience in finance and retail, having held senior positions in a number of listed companies. He is currently CFO of British Land, where he has served in this role since 2021, and was Deputy CFO of Tesco from 2018 to 2021. Prior to that, he spent over two decades in senior finance roles at a number of major companies including Whitbread, Virgin Media and Anheuser-Busch InBev.