A trio of senior appointments in mainland China lead this week’s review of personnel moves from around Asia, with major updates at a Singapore-listed REIT of mainland properties, at a top state-run developer and at an SGX-listed REIT holding a portfolio of outlet malls.
The manager of CapitaLand China Trust announced on 26 September that it has appointed Yan Lintong as chief financial officer (designate). Yan joins the Singapore-listed REIT after just over a year with local fund management startup DEHK Capital. Earlier, Yan was financial director for ARA US Hospitality Trust and head of finance and capital markets for ARA Logos Logistics Trust (since merged into what is now ESR REIT).
China Resources Land declared to the Hong Kong stock exchange on 23 September that Guo Shiqing (pictured) has resigned as executive director and chief financial officer of the company with effect from that same day. In the same announcement, the state-run Chinese developer said it has appointed long-time China Resources Group officers Hao Zhongming, 54, and Zhao Wei, 53, to executive director roles on its board, with Zhao also taking on the CFO position.
Sasseur Asset Management notified the Singapore stock exchange on 26 September that its chief financial officer, Xie Jianfeng, has resigned from his role to pursue other opportunities, with effect from that same date. Xie’s departure comes as current chief operating officer Cheng Hsing Yuen prepares to step up to the chief executive officer position with the manager of Chinese retail property trust Sasseur REIT on 29 October.
Robert Johnson announced on LinkedIn this past week that he is stepping away from his role as a managing director with JP Morgan Asset Management in Hong Kong after nearly 14 years with the fund management division of the US financial services giant. Now set to take a career break, according to his statement, Johnson also has previous experience with Blackstone and Bank of America Merrill Lynch.
Ben Samild this month joined the Abu Dhabi Investment Council in the United Arab Emirates as chief strategist, according to a LinkedIn update. Samild took on his new responsibilities with the sovereign wealth fund after 12 years with Australia’s Future Fund, where he had served most recently as chief investment officer. Earlier in his time at Future Fund Samild had worked as deputy chief investment officer for portfolio construction.
Dutch pension fund manager Bouwinvest said late last week that Stephen Tross is leaving his role as chief investment officer for international investments with the firm to pursue other opportunities. A member of the management board of industry organisation ANREV, Tross has been with Bouwinvest since 2010 and has been responsible for all indirect international real estate investments for the organisation, which has around $4.1 billion in assets under management.
Samarth Kasturia has joined Bytedance in Singapore as part of the Chinese tech giant’s global location strategy team, according to a LinkedIn update. Kasturia joins the parent company of video app TikTok after more than four years with Knight Frank in the city-state, where he had served most recently as head of strategic consulting and workplace for Asia Pacific. Kasturia also has previous experience with CBRE and Standard Chartered in Singapore.
Japan-focused private equity firm Avatar Capital Partners announced this past week that it has hired Yuki Miyake as a director with its Tokyo-based team. Prior to joining the fund management firm led by Macquarie Asset Management veterans Angel Li and Ryuta Ueda this month, Miyake had spent more than five years at PAG, where he served most recently as a senior asset manager. The Osaka City University graduate also has previous experience with MIzuho REIT and Simplex Asset Management.
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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