Dennis Hone has been appointed as permanent chief executive officer of the London Legacy Development Corporation (LLDC) by London mayor Boris Johnson.
Mr Hone had been acting as interim chief since the 2012 Olympic Games drew to a close in August, but Mr Johnson, also chairman of LLDC, has now made his role permanent.
This means Mr Hone will be charged with the responsibility of preserving the Olympic legacy and its sites in a bid to drive business into the capital.
Announcing the news, Mr Johnson declared: “It is my top priority to transmute the success of this summer into solid economic returns to benefit London for decades to come. Dennis brings a wealth of skills and experience vital to helping bring are ambitious plans to fruition.”
A great deal of the now permanent chief’s focus will be placed upon developing the sites in East London, which the government hopes will trigger investment in the capital.
Those belonging to the capital’s growing hospitality industry – including event venues, restaurants and pubs – are also likely to benefit from LLDC’s plans, which aim to prevent a so-called ‘Olympic hangover’ for those who had experienced growth during 2012.
Insidethegames.biz claims that most of Mr Hone’s expertise lie within urban regeneration. His skills have previously been harnessed in public sector roles involving the New Towns and London Docklands Development Corporation.
Cnplus.co.uk says Mr Hone will fulfil his current role at the Olympic Delivery Authority until March 2013 and that he will switch between the two organisations in the meantime.