Board moves at a pair of mainland China giants lead Mingtiandi’s roundup of personnel moves this week with the country’s biggest hotel operator named a new finance boss and CITIC adding a Huarong executive to its board. Also in the news, Koreas IGIS names an infrastructure chief and a Xander veteran returns to the fold.
H World Hotels announced to the Hong Kong stock exchange on 2 January that it has appointed Zou Jun as its chief financial officer with effect from that same day. Zou has been an executive vice president with China’s largest hotel management firm since 2022 after joining from Shenzhen Qiqitong Technology. With Zou’s appointment, current chief financial officer Jihong He has taken on the role of chief strategy officer with the Nasdaq and HKEX-listed company.
CITIC Limited informed the Hong Kong stock exchange on 29 December that it has appointed Li Zimin as a non-executive director on its board with effect from that same day. Now 52, Li is an executive director and president of mainland finance giant China Huarong Asset Management and previously served with CITIC Group as a senior executive with the state-controlled investment conglomerate’s CITIC Trust division.
Korea’s IGIS Asset Management posted notice on 5 January that it has appointed Tae-seok Oh as head of its infrastructure division, as part of its 2024 management update. Oh joined the Seoul-based asset manager’s infrastructure division when it was formed last year and has more than 20 years of experience in the sector, including positions at Macquarie Asset Management, Samchully Asset Management and Shinhan Asset Management.
Aditya Sikri has joined Xander Advisors India in Mumbai as a partner, according to a LinkedIn update. Sikri found his new desk this month after more than six years as president with logistics developer and fund manager Indospace, where he led a team managing sheds across 11 Indian cities. Sikri also spent more than five years as director of operations, and later executive director, with Virtuous Retail Services – a unit of Xander.
Disheng Lin has been promoted to managing director with PJT Partners’ Park Hill Group unit in Hong Kong, according to a LinkedIn update. Lin took his step up after more than five years as a principal with the advisory-focused investment bank in the city. The Cornell University graduate also has previous experience with mainland insurer China Life’s overseas division and with The Townsend Group.
Martin Rong is now a principal with the Ontario Teachers’ Pension Plan in Singapore, where he takes on his new role as part of the Canadian pension fund manager’s internalisation of its real estate investment functions. Prior to this latest role, Rong had served as an associate director with Cadillac Fairview, the pension fund manager’s property investment division, for more than one year, and has been with the organisation for more than a half-decade.
Jason Chan has been promoted to executive director with MSCI in Singapore, where he continues to lead the firm’s real assets business for Asia, excluding China, according to a LinkedIn update. Chan, earned his upgrade just seven months after being named head of real assets for the region and had previously served as a vice president with the market data provider. The National University of Singapore graduate also has previous experience with M&C REIT Management, which manages CDL Hospitality Trust.
Yuzhang (Jackson) Pan has traded Shanghai for Saudi as he takes on the role of investment professional with the Neom Investment Office in the Riyadh area. Pan joined the team putting together the planned city along Saudi Arabia’s northwest coast last month after just seven months with GLP Capital Partners in Shanghai, where he had served as a director with the private equity fundraising and fund management team. Pan also has previous experience with Morgan Stanley and WeWork.
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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