Wilson joined MWB in February 2001 with a brief to run its three leisure funds with a combined value of £500 million ($780 million)) and to develop new indirect property vehicles. Prior to this she was Managing Director of Guardian Properties, responsible for a £1 billion ($1.6 billion) portfolio. At Teesland, she will once again be working with Paul Oliver, who was her predecessor at Guardian.

Teesland Chairman Kevin McCabe said: "I am delighted that Mickola is joining us. She brings a wealth of experience and talent which will complement Paul's established reputation in the industry. I look forward to seeing Teesland flourish under the leadership of this exciting new partnership."

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