Shed investors lead this week’s review of people moves across Asia, with a US logistics platform naming a new head of APAC from within its ranks. Also making the list are senior level changes at Shenzhen’s Kaisa Group and at French resort operator Club Med.
Brian Oravec has been promoted to chief executive officer for Asia Pacific at RealTerm, according to a LinkedIn update. Oravec takes on the top role in the region for the US-based logistics specialist just over a half year after he rejoined RealTerm in Singapore as chief investment officer for the region. Oravec had worked at RealTerm in 2005 before co-founding its IndoSpace India logistics affiliate in 2006, where he worked as chief executive officer before rejoining RealTerm as CIO last year.
Henri Giscard d’Estaing has been ousted from his role as chairman and chief executive of Club Med after 23 years in the role, with controlling shareholder Fosun Tourism having replaced the long-time leader with Carrefour executive Stephane Maquaire, according to announcements by the outgoing executive and Fosun. Giscard d’Estaing, son of former French president Valery Giscard d’Estaing, reportedly learned of his replacement after Fosun had selected Maquaire as president and chief executive.
Kaisa Capital, the investment management division of Shenzhen’s Kaisa Group, announced to the Hong Kong stock exchange on 20 July that Zheng Wei (pictured) has resigned from his roles as executive director and CEO of the company with effect from 18 July. Zheng, a Kaisa Group veteran, had served in the CEO role since 2022. In the same announcement, Kaisa Capital said it has appointed Yu Huiming as an executive director and executive president from 18 July, with Yu resigning from his role with Kaisa Health Group from the same day.
The California Public Employees’ Retirement System announced on 18 July that it has named Mascha Canio managing investment director for its private debt portfolio. Canio joins CalPERS after nine years as head of credit and insurance-linked investments at Dutch pension fund service provider PGGM, where she managed assets valued at approximately $17 billion. Before PGGM, Canio served as head of Europe at Octagon Credit Investors, a US-based corporate credit investment advisory firm.
China South City Holdings announced to the Hong Kong stock exchange on 25 July that Liu Heng (pictured) has tendered his resignation as an executive director of the company with effect from that same day. Liu, who joined the board in October of last year has been replaced by Li Zhi, who will also serve as a vice president of the group. Li, 45, is primarily responsible for the group’s internal audit and legal affairs.
Hong Kong Science and Technology Parks Corporation (HKSTP) announced on 21 July that it has appointed Terry Wong as its new chief executive officer. Wong, a former executive of Hong Kong’s MTR Corporation will take on his new duties on 1 August, replacing Albert Wong who will be stepping down after nine years in the leadership role. Wong had served as executive director for regional and urban mobility with Saudi Arabia’s NEOM from 2022 through 2024 after more than 15 years with Hong Kong’s MTR Corporation and its Metro Trains Australia joint venture.
With Cushman & Wakefield having merged its Asia Pacific and EMEA business units in May this year, the property consultancy has promoted James Young (pictured) to president of its markets division for the combined region. In the newly created role, Young will be responsible for business lines including capital markets, leasing, tenant representation, and asset services, as well as sectors including offices, retail, industrial and living, the company said. In the same announcement, C&W said it has appointed Tom Gibson as president of project and development services and sustainability and named Emma Rossetti to the expanded role of head of operations, with both executives also covering the merged APAC and EMEA regions.
JLL announced earlier this month that it has appointed Joseph Lam as head of logistics and industrial in Hong Kong with immediate effect. Lam had served most recently as a senior director with the industrial team at CBRE in Hong Kong where he worked for more than five years, after joining the property consultancy as a director in 2020. Lam also has previous experience with Colliers in the city.
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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