Philanthropist and entrepreneur Yana Peel has been named as the new CEO of the Serpentine Galleries in London, following the departure of long-standing director Julia Peyton-Jones.
Peel ? who has made her name as co-founder of the Outset Contemporary Art Fund and CEO of debate forum Intelligence Squared ? will now run the two Serpentine Galleries with artistic director Hans Ulrich Obrist.
She takes over from Peyton-Jones, who has served as director for over 25 years, and whose legacy includes the pavilion programme that gave architects including Zaha Hadid, Peter Zumthor and Frank Gehry their first chance to build in the UK.
"I am thrilled to be taking on the leadership of the Serpentine, an institution that I have admired and been involved with for so long," said Peel. "With Hans Ulrich as artistic director, I am fully committed to making the most exciting art and ideas of our time accessible to the broadest audiences."
Related story: Julia Peyton-Jones to leave London's Serpentine Gallery

Peel was born in Russia, but grew up in Canada and studied at the London School of Economics. After a stint at investment bank Goldman Sachs, she served as co-director of the Outset charity for seven years, where she raised millions to support museum and gallery collections.
She has been a trustee of the Serpentine since 2015 and is also co-chair of Hong Kong gallery Para Site.
Yana Peel will succeed Julia Peyton-Jones, who has served ...