Our Leadership Team

Nicolas Ollivant Mphil MBA

Chairman, Partner

Nicolas Ollivant has been working for 12 years in companies involved in commercial and prime-quality residential real estate in London and Moscow; his previous experience was in corporate business lending and credit strategy; he also worked in integrity risk management and business intelligence. Nicolas has lived and worked in London, Chicago and Moscow.

He has 25 years of experience of international banking in the United States, the United Kingdom and Russia and 7 years of experience in the commercial real estate business in Moscow. Nicolas worked in Chicago for eleven years and in Moscow for nine years. He returned to London from Moscow in late 2010. He joined Citrica in August 2015.

His education included a BA from Bristol University, an MPhil from Oxford University and an MBA from the University of Chicago.


Chief Executive, Partner

Paul is a Chartered Surveyor with over 35 years of experience helping clients to plan, create and operate built assets and social infrastructure. His areas of expertise include mediation and ADR, asset management and fund monitoring, supply chain and procurement management, programme, project and design management, commercial management and value engineering. Paul has a long track record in collaborative working and joint venture leadership.

He has been a Partner with Citrica LLP since July 2015. Previously, he was a Partner with EC Harris LLP where he held a number of senior roles, including COO in Middle East and Group Head of Asset Performance. Prior to EC Harris, Paul was with the engineering and program management business AECOM as a Regional Director. His earlier career was spent with Building Design Partnership, Hoare Lea Consulting Engineers and Oscar Faber Consulting Engineers.

Paul is the Non-Executive Chairman of RIBA Enterprises Limited and is a Board Member of Corporation of Westminster Kingsway College. He is a Member of the Engineer & Logistic Staff Corps and a Liveryman of Merchant Taylors’ Company and Worshipful Company of Plumbers.

He is a Fellow of the Royal Institute of Chartered Surveyors, the Institute of Directors, the Royal Society of Arts and the Royal Geographical Society. Paul is also a Member of the Institution of Royal Engineers, the British Institute of Facilities Management and the Chartered Institute of Building, plus an Associate Member of the Chartered Institute of Arbitration.

Richard Stay MIoD FRSA


With over 30 years of business experience and 20 years in local government Richard has a deep understanding of public / private sector partnerships.

Prior to joining Citrica LLP as a Partner in August 2015, Richard held executive advisor roles with blue chip organisations such as Deloitte, Capgemini, Capita, EC Harris, SAP and Mitie.

Richard is an elected councillor in Bedfordshire and has held a number of senior roles within local government including oversight of the Local Government Associations leadership programmes, as a Trustee of the Leadership Centre and Chairman of the East of England Improvement Board.

His interests include the fast moving place-making and place-shaping agendas across the public sector. Richard brings an in depth knowledge of public / private partnerships, stakeholder engagement and built asset transformation. He is heavily engaged with supporting a number of emerging devolved and combined authority proposals.

Richard is a Fellow of the Royal Society of Arts and Member of the Institute of Directors.

Conor Ellis MBA


Conor has been involved in health asset management for over 20 years. His experiences included major facilities around the world with assignments covering clinical pathway planning, asset efficiency, optimisation via benchmarking, programme delivery and capital developments totalling more than £12 billion across 125 projects. He is an internationally recognised expert in his field for primary, community and mental health facilities with a track record of delivering high returns on investment decisions and improved project execution for clients.

Conor has been involved in high-profile healthcare projects for health operators, governments, private sector consortia and for bank due diligence in over 20 countries worldwide including projects such as University College London, Central Manchester Hospitals, Newcastle Hospitals in the UK and Karolinska Sweden, as well as projects in Canada, Australia, Slovakia, Germany, Turkey, France and in the Middle East. These range from business appraisals to whole system reforms and improving system outcomes across regions.

He has advised the UK Department of Health and Treasury on improving health efficiency. He is the lead author of several reports and toolkits on improving healthcare outcomes and efficiency and estate planning that received widespread international media coverage. Teams working under Conor’s leadership have won multiple awards for health projects and he is an approved Health Design Quality Indicator Facilitator. He recently was one of the few private sector experts asked to support the Lord Carter NHS Estates programme.

Toby Banfield BA Hons, MA, PGDip Man


Toby is an experienced Health Planning professional with over 30 years within healthcare asset management. He worked for over 10 years as a capital planner and clinical services manager within the UK Health Service at Regional, Tertiary and District General Hospital level before moving into management consultancy.

Toby advises clients on strategic and capital planning; the development of clinical design requirements and technical briefs, option and feasibility studies; site development control plans and masterplans; commissioning and bringing into use new hospital facilities.

Toby has been involved in major healthcare projects around the world, including the new University Hospital North Staffordshire, Clatterbridge Cancer Centre, St John’s Hospital-Malta, Al Corniche Women-Maternity Hospital UAE, Women & Children-Maternity and Oncology Hospital Kiev Ukraine, Hamad Medical City-Qatar, New Oncology Centre-Qatar, New Primary Care & Wellness Centres-Qatar, King Edward VII Hospital Falkland IslandsBirmingham Children’s Legacy Building, University Hospital of the North Midlands-County Hospital Mid Staffordshire and University Hospital of Wirral.

In addition he has acted as advisor to many investment consortium, private hospital and major national hospital boards developing new hospital projects and clinical facilities. Toby holds an MA Degree from the Medical Architectural Research Unit; is a member of Architects for Health; an associate of the Centre for Healthcare Design and an Assessor for the DQI – Design Quality Initiative which is, part of the Construction Industry Council.