Senior appointments in Korea and Singapore lead this week’s review of personnel moves from around Asia Pacific as Sweden’s leading private equity player adds to its regional leadership, Perennial Holdings names a new investment leader and a retired media executive joins the board of an SGX-listed healthcare REIT.
EQT announced on 16 June that it has hired David Kim as partner and head of real estate for South Korea with effect from that day. Kim joins the Swedish private equity giant after running his own investment and advisory firm in Korea since 2012, with that company having focused on opportunistic real estate investments in the country. Before going out on his own, Kim was head of pan-Asian real estate and managing director at Shinsei Bank.
Chester Jie has joined real estate investment firm Perennial Holdings in Singapore as the company’s head of investment, asset management and development management for the region, excluding China, according to a LinkedIn update. The Massachusetts Institute of Technology graduate joins Perennial after more than five years with Frasers Property, where he had served as head of investment for Frasers Hospitality while also leading the company’s strategic planning division.
Parkway Trust Management announced to the Singapore stock exchange on 20 June that it has appointed Robin Hu Yee Cheng to an independent, non-executive director position on its board, with effect from 1 July. Now 67, Hu joins the board of the manager of Parkway Life REIT while continuing to serve as advisory senior director at Temasek International, the outward facing unit of Singapore’s primary government holding company, after a media career featuring leadership roles at Singapore Press Holdings and the South China Morning Post.
KWG Living Group informed the Hong Kong stock exchange on 20 June that Yang Jingbo (pictured) has resigned from her roles as executive director and chief financial officer of the company with effect from that day. With Yang’s departure, the property management division of mainland developer KWG has appointed Chen Wende, general manager of KWG Group’s southwest China business to an executive director role on its board.
Former Knight Frank Greater China chief executive Piers Brunner is back in action, taking on a non-executive director role with Vision Zero Connect, a tech firm providing tools for monitoring property assets. In a statement the UK-based firm said it expects Brunner bolster its efforts to help real asset owners to achieve their sustainability goals and manage their property portfolios more efficiently.
Ryan Choi has been promoted to head of Asia with the institutional distribution division of the Queensland Investment Corporation, according to a LinkedIn update. Choi took on his new role this month after just under two years with the sovereign wealth fund, where he had previously served as director of institutional distribution for Korea. Before joining QIC, Choi served with Hanwha Investment and Securities.
Cushman & Wakefield on 11 June named Sona Aggarwal as managing director and head of retail sales and strategy for Asia Pacific. Based in Singapore, Aggarwal takes on the newly created role as the property consultancy seeks to ramp up its retail services regionally. Before joining C&W Aggarwal served as managing director and Asia general manager with Laser Clinics Australia, a KKR portfolio company.
CBRE said on 10 June that it has appointed former JLL executive Angela Wibawa as managing director for advisory services in Indonesia. Wibawa joined the property agency this month after more than 29 years with JLL in Indonesia, where she had served most recently as head of office leasing advisory. In the same announcement, CBRE said it has appointed Judy Sinurat and Albert Dwiyanto as senior directors and co-heads of office services.
If you know of other Asia real estate professionals changing their jobs, getting promoted or just doing something exciting please contact us here at Mingtiandi.
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