Chris Taylor, chief executive at fund manager Hermes Real Estate Investment Management, has today become junior vice president of the British Property Federation.

The move will eventually see Chris become president of the BPF in two year’s time, where he will succeed David Marks and Bill Hughes as the property industry trade body’s president.

Chris became the BPF’s junior vice president at the trade body’s summer reception this evening. The Drapers’ Hall reception saw Brockton Capital co-managing partner David Marks officially take on the role of BPF president for a one-year term, taking over from British Land chief executive Chris Grigg. Legal & General’s Bill Hughes succeeded Marks as senior vice president, and so is in line to become BPF president next July.

Liz Peace, chief executive of the BPF, says: “I am delighted that Chris has joined the management team at the BPF after years of invaluable work as one of the Federation’s senior members. He brings with him enormous experience of investment and management across property, and a strong understanding of the challenges facing our industry over the coming years.”

Chris Taylor said: “Having served on the BPF Policy Committee for several years now I have witnessed firsthand the important role of the BPF in helping shape Government policy and create conditions for the property industry to both thrive and also play an important role in contributing to the UK’s renewed economic growth.

“The BPF has played a central role in working with Government, which is evident with the reworking of CIL, the Montague Review and the successful exemption for property investment businesses from the 15 per cent SDLT rate.

“I believe it will be vital for the wider property industry to continue to support the BPF in its key role of working in partnership with Government. I am honoured to have been asked to be junior vice president of the BPF and very much look forward to strengthening that voice working alongside David Marks, Bill Hughes and the BPF team.”