A top level changeover at one of Singapore’s two casino operators leads this week’s review of personnel moves from around Asia with new appointments in Japan and the US also making the list.
Genting Singapore announced to the SGX on 14 May that its chief executive Tan Hee Teck (pictured) will be retiring from his leadership roles with the company from 31 May. Now 69, Tan is also giving up his roles as chairman and CEO of Genting’s Resorts World Sentosa unit and stepping down from his director role with the company. With Tan’s departure, Lee Shi Ruh, 58, will become chief executive of Resorts World Sentosa and Genting chairman Tan Sri Lim Kok Thay will take over the CEO role on an interim basis.
Fund manager Fiera Capital said on 15 May that it has appointed Takafumi Sudo as chief operating officer and chief compliance officer for Japan. Formerly an executive with Nomura Asset Management, Sudo will be responsible for all aspects of Fiera’s regulatory and corporate compliance in Japan as Fiera works to obtain regulatory approval to sell partnership or collective investment schemes to investors residing in Japan, according to a statement.
Longtime Lippo Group executive Jonathan Foxall has retired from the company from the end of last month, according to an announcement. Based in Hong Kong, Foxall held a succession of senior positions and directorships during 34 years with the conglomerate controlled by Indonesia’s Riady family where he worked closely with Lippo chairman Stephen Riady, particularly within the Hong Kong and Singapore property markets. Foxall is said to be continuing to pursue personal ventures.
US property investor Grubb Properties said earlier this month that it has hired Harold A “Skip” Schwartz III as the firm’s deputy chief investment officer. Schwartz takes on his new role with the company behind rental housing brand Link Apartments after nearly thirty years with fund manager Heitman, where he had served in senior roles in Tokyo, Hong Kong and Chicago. Schwartz will be leading the capital formations team at Grubb.
Akshay Kulkarni, chief business and strategy officer for India’s Araiya Hotels and Resorts, passed away earlier this month, according to an announcement, with the cause of death said to be a heart attack. Kulkarni had joined the hotel firm in Mumbai during March after more than two years as chief executive officer of India’s Greenview Hotels and previously worked with CBRE and Cushman & Wakefield in Singapore.
Knight Frank announced on 12 May that it has appointed Paul Fisher as its chief executive officer for Greater China with effect from that date. Fisher succeeds Craig Shute, who was promoted to chief executive of Knight Frank Asia Pacific from 1 April. The new role sees Fisher leaving JLL after more than nine years with the property consultancy, where he served most recently as managing director for Vietnam.
Vivienne Gan has left her role as managing director for marketing and communications in Asia Pacific at Hines, according to a LinkedIn update. Gan departed from the US developer and fund manager last month after more than three years with the company in Hong Kong. Also leaving Hines’ Hong Kong operation recently was Joseph Tien who had joined the firm in February from TPG Angelo Gordon to lead capital raising, according to an account in PERE.
Oaktree Capital Management said earlier this month that it has hired Alexander Prout as managing director and head of Asia Pacific marketing, based in Tokyo. Also leading marketing for Oaktree’s Japan business, Prout formerly served as executive vice president for global client relationships with Nuveen in New York and also has previous experience with Deutsche Bank and Deutsche Asset Management (now DWS) in Hong Kong.
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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