MEDIA RELEASE

27 July 2012

Canary Wharf Group appoints Tech City’s Van Der Kleij to shape tech strategy

Canary Wharf Group plc has appointed Eric Van Der Kleij, technology entrepreneur and Chief Executive of Tech City Investment Organisation (“TCIO”), as a specialist adviser to help shape the Group’s vision for future development.

The Group is further diversifying its tenant base and activities, including encouraging companies in growth sectors such as technology, media and telecommunications to locate themselves in Canary Wharf. It aims to help London enhance its position as the digital capital of Europe and complement existing successful digital clusters in the City Fringe, West End and South Bank.

Van Der Kleij will advise the Group on linking Canary Wharf’s established financial and professional services companies with London’s burgeoning technology scene, providing growing companies with office space, amenities and opportunities to win new business and attract finance, talent and mentoring.

Canary Wharf Group has already established one of London’s leading technology, media and telecommunications clusters, with over 1 million square feet occupied by companies at Canary Wharf including Thomson Reuters, Infosys and Ogilvy & Mather. These companies directly employ over 7,000 people at Canary Wharf, with many thousands of additional technology professionals working at adjacent financial services companies, making it one of the world’s most technology intensive districts.

Sir George Iacobescu, Chairman and Chief Executive Officer of Canary Wharf Group, said: “We welcome Eric’s expertise on to the team. He will help us to create new, customised business locations, fused with technology and an attractive lifestyle, that aim to match exactly what businesses will require twenty or thirty years into the future. Canary Wharf has a role to play in bringing together London’s business sectors. We can help growing technology companies connect with the business opportunities, talent, investment and advice provided by the world’s leading financial services providers already established at Canary Wharf.”

Van Der Kleij will leave TCIO in September 2012, on completion of his planned two year engagement with the organisation. In the interim, he will continue in his Chief Executive’s role on a part-time basis, while working part-time as adviser to Canary Wharf Group.

Van Der Kleij said: “London business districts need to respond to the rapidly changing needs of technology companies, from start-ups to mature and expanding businesses. London is doing very well at the technology start-up stage, but more can be done to accommodate larger, growing companies looking for the very best in office technology, sustainability and lifestyle. Technology companies also want to be located as close as possible to their sources of business, talent and investment, which potentially makes Canary Wharf the ideal place to expand, especially for those active in financial technology.”

ENDS

FURTHER DETAILS
For further information, please contact:
Hamish McDougall
Canary Wharf Group plc
T: 020 7418 2326
M: 07779 888 075

E: Hamish.mcdougall@canarywharf.com

NOTES TO EDITORS:

1) The Canary Wharf TMT community
Canary Wharf’s TMT sector occupiers range from innovative financial technology companies and IT consultancy businesses, to advertising and media groups and business information providers.
Technology, media and telecommunications companies at Canary Wharf include:

Citihub
Infosys
Trinity Mirror
3i Infotech
Interquest
Ricoh UK
Samsung
Sungard
Thomson Reuters
Oracle Financial Services
Instinet
McGraw-Hill
Ogilvy & Mather

Business IT company Infosys has recently opened its Experience Centre at its Canary Wharf offices at 10 Upper Bank Street. The Experience Centre is a showcase for new software for Infosys’ clients and prospective clients.

Canary Wharf tenants like Citihub, Instinet and Ricoh are providers of high-frequency and event-driven trading platforms which are driving innovation in the financial services sector.

Canary Wharf is home to various members of the WIRED 100 (Wired magazine’s list of digital power brokers) over the past few years. For example Rory Sutherland, VP, Ogilvy Group UK and Alex Balfour, Head of New Media, London 2012.

Jane Moran, Chief Information Officer of Canary Wharf-based Thomson Reuters, was recently named one of the 10 most powerful women in the tech sector.

Canary Wharf Group recently launched Wired Wharf, a social network for the technology, media and telecomms community in Canary Wharf and beyond

Twitter: https://twitter.com/#!/WiredWharf
LinkedIn — Wired Wharf: http://www.linkedin.com/profile/view?id=190607602&trk=tab_pro
LinkedIn — Wired Wharf Community: http://linkd.in/Mb5dzS

2) About Canary Wharf Group plc

Canary Wharf Group plc is an integrated property development, investment and management group of companies.

Canary Wharf has a working population of nearly 100,000 people in a diverse range of sectors for some of the world’s leading companies. It has paved the way for the regeneration of London’s Docklands and one in five Canary Wharf workers now lives in a local East London borough. It has helped London and the City consolidate its position at the centre of the business world.

Following the recent announcement to build a new headquarters for the European Medicines Agency at 25 Churchill Place, the Group has plans in place to continue to develop Canary Wharf in the coming years. This will be in parallel with other central London developments such as the Shell Centre on the South Bank (in a joint venture with Qatari Diar) and 20 Fenchurch Street in the City of London (in a joint venture with Land Securities). The Group is currently constructing the Canary Wharf Crossrail station ahead of schedule and on budget, which is ready to receive the Crossrail tunnel boring machines in Summer 2012.
www.canarywharf.com Twitter: @yourcanarywharf