The role

The LLDC Board is responsible for setting strategic direction and overall policy within an overall framework set by the Mayor of London, providing leadership and support to the organisation, providing oversight, scrutiny, and strategic guidance on commercial performance, investment and long-term financial sustainability, monitoring performance and corporate governance. The Board’s challenge role is an essential part of our governance of major capital and revenue budgets. The Board discharges these largely through its Committees as well as at full meetings of the Board. This is a pivotal moment for LLDC as we transition from development to long-term asset optimisation, commercial sustainability and innovation-led growth

The members of the LLDC Board as a whole are collectively responsible for achieving LLDC’s vision:

To promote and deliver physical, social, economic and environmental regeneration in the Olympic Park and surrounding area, in particular by maximising the legacy of the Olympic and Paralympic Games, by securing high-quality sustainable development and investment, ensuring the long-term success of the facilities and assets within its direct control and supporting and promoting the aim of convergence.

The members of LLDC are required to:

(a) provide entrepreneurial leadership of the LLDC operating within its overall statutory framework, supporting commercial decision making and investment strategy;

(b) provide prudent and effective controls appropriate to a body responsible for the use of public funds which ensure that high standards of corporate governance and financial management are observed and which enable risk to be assessed and managed;

(d) set LLDC’s values and standards and ensure that the objectives and the Legacy Corporation’s obligations to others are understood and met;

(e) prepare an annual budget and capital spending plan for each financial year for consideration by the Mayor in accordance with the Mayor’s annual budget timetable and procedure

(f) as soon as practicable after the end of each financial year ensure that an annual report is prepared by LLDC including the audited accounts for submission to the Mayor and the London Assembly

(g) ensure that proper regard is had to any guidance given by the Mayor as to the exercise of the LLDC’s functions

(h) ensure that the Legacy Corporation complies with any directions given by the Mayor as to the exercise of the Corporation’s functions

(i) review the performance of the Chief Executive.

Board Members once appointed, depending on their knowledge, skills and experience, are then appointed by the Board to serve on one or more LLDC’s committees. The committee structure is an Audit Committee, a Finance and Investment Committee, and an Inclusive Growth Committee. The successful candidate is likely to contribute particularly to the Finance and Investment Committee and/or other areas aligned to their expertise

The person

LLDC is looking for a Board member to join its Board, with strong commercial and innovation expertise, including an understanding of how innovation districts, clusters, or cross-sector ecosystems operate. In particular we are seeing candidates who can demonstrate:

Senior commercial leadership experience, including revenue generation, investment, or asset optimisation, including the ability to leverage networks to unlock partnerships and opportunities
The ability to balance commercial opportunity with public value, managing risk in a complex and high-profile environment
Experience of building or scaling innovation ecosystems, clusters, or partnerships
A track record of working across public–private partnerships or complex multi-stakeholder environments
Experience in sectors such as real estate, infrastructure, culture/creative industries, science/technology, or place-based innovation
The ability to provide constructive challenge and strategic insight

In addition, Board members should demonstrate:

A commitment to diversity and equality, public service values, achieving best value for money and to upholding and demonstrating the Seven Principles of Public Life.
An understanding of policy in relation to social, economic and physical regeneration and the creation of a sustainable legacy, able to shape economic growth strategy and urban place-making, catalyse growth and attract inward investment.
An understanding and awareness of the political context and dynamics in which the Board and LLDC operate.
Knowledge of, and credibility with, local and national government and other public agencies as well as the private sector.
Ability to lead by example, collaborative and inclusive in approach and prepared to share expertise, knowledge and skills with other Board members.
Ability to operate in a high profile and publicly accountable environment.
Ability to command the respect of their peers and leaders in their field.
Able to scrutinise, probe and challenge the decision making of management in a manner that is constructive and robust.
Highly developed interpersonal and communications skills.

Terms of appointment

The Mayor of London will make appointments to the Board under the provisions of the Localism Act 2011. Shortlisted applicants will be interviewed by a selection panel which will include representatives of the Mayor and an independent panel member; the panel will make recommendations for appointment to the Mayor of London.

The GLA promotes an equal opportunities policy. Appointments are made on merit, following a fair and transparent process, and these appointments are governed by Nolan principles and the Mayor of London’s Protocol on Appointments. Please see link here: https://www.london.gov.uk/sites/default/files/mayoral_appointments_protocol_-_july_2018_2021.pdf

Managing Conflicts of Interest

In appointing a person to be a member of a Mayoral Development Corporation, “the Mayor a) Must have regard to the desirability of appointing a person who has experience of, and has shown some capacity in, a matter relevant to the carrying-out of the MDC’s functions, and b) Must be satisfied that the person will have no financial or other interest likely to affect prejudicially the exercise of the person’s functions as a member.”

Candidates should state any potential for conflicts of interest in their application, and this will be explored with short-listed candidates at interview. This includes details of business, financial or other interests or any personal connections, memberships or associations which, if you are appointed to the LLDC, could be misconstrued or cause embarrassment to the Mayor of London or the LLDC.

Eligibility

The Mayor is committed to appointing boards that truly reflect the diversity that London has to offer. Applications are welcomed regardless of gender, age, marital status, disability, religion, ethnic origin, political opinion, sexual orientation or whether or not you have dependents.

Time Commitment

The time commitment for this appointment is expected to be approximately 2 days per month, plus additional time as required at meetings, functions and events as necessary.

This will include attendance at the quarterly Board meetings and two Board away days per year. In addition, each Board member will be appointed to serve on at least one Committee, which meet quarterly. It is likely that most Board members will sit on two committees.

Meetings are held in-person in line with the Local Government Act 1972. Only those Members attending meetings in-person are counted towards the quorum for the meeting and are able to vote (Members are able to attend online and share their views but are not counted in the quorum and not able to vote.)

Location of Meetings

The Board and Committees meet in London, usually at LLDC’s offices in Stratford.

Term of Appointment

Board members are appointed for a term of up to 4 years, at the Mayor’s discretion.

Remuneration

Board Members receive an annual remuneration of £14,000 plus an additional £2,000 per annum for sitting on a committee, and further additional £2,000 per annum for chairing a committee.

LLDC will reimburse all reasonable out of pocket expenses incurred in the performance of the duties of your office in line with the LLDC’s Travel and Expenses Policy.

Start Date

The appointment will be effective from 1 October 2026.