Greater London Authority
Board Member - London Legacy Development Corporation (LLDC)
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Board Member - London Legacy Development Corporation (LLDC)
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
provide entrepreneurial leadership of the LLDC operating within its overall statutory framework, supporting commercial decision making and investment strategy; 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; ensure that the necessary financial and human resources are in place for LLDC to achieve the objectives; set LLDC’s values and standards and ensure that the objectives and the Legacy Corporation’s obligations to others are understood and met; 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 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 ensure that proper regard is had to any guidance given by the Mayor as to the exercise of the LLDC’s functions ensure that the Legacy Corporation complies with any directions given by the Mayor as to the exercise of the Corporation’s functions review the performance of the Chief Executive.
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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
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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.
Closing Date of All Applications - Friday 3rd July 2026 at 6pm
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