This week’s roundup of real estate people moves gets started with a property agency reaching into the world of auto racing to supercharge the launch of its private office division in Hong Kong. Also making the list are board level changes at developers Sunac China, Skyfame Realty and Lai Sun.
Knight Frank has named former Le Mans driver and motorsport veteran Ho-Pin Tung as head of its newly established private office division in Hong Kong, according to an announcement. Tung, who completed a joint Kellogg-HKUST Business School executive MBA last year, joins the property consultancy this month while continuing to work as a TV analyst for Formula One contests with a European broadcaster. Tung, who is still driving professionally, had been part of the Jackie Chan DC Racing team which placed second in the 24-hours of Le Mans in 2020. In his new role Tung will be leading Knight Frank’s team in advising private clients on their global real estate portfolios.
Sunac China said on 13 April that Chi Xun (pictured) and Shang Yu have both resigned from their positions as executive directors on the company’s board. Both Chi and Shang have served on Sunac’s board since 2009 with their resignations having taken effect that same day. The resignation announcement was made on the same day that Sunac’s shares resumed trading on the Hong Kong exchange after a more than one-year hiatus, with the company’s share price dropping by more than 50 percent that day.
Skyfame Realty announced to the Hong Kong stock exchange on 13 April that its chief executive, Yu Pan had resigned from the leadership role with effect from that same day. Yu, who founded the Guangzhou-based developer in 1993, will retain his job as an executive director while fellow executive director Jin Zhifeng has now taken over as chief executive. Now 59, Jin joined Skyfame in 2019 after holding leadership roles as Tianli Holdings and Lvjing Holding.
Chew Fook Aun has been re-designated from executive to non-executive director with Hong Kong builder Lai Sun Development, according to an announcement to the bourse on 14 April. Now 61, Chew will shift to his new role from 2 June while continuing to serve as deputy chairman of the firm. The change means that Chew, who has been with the company since 2012 will give up his seat on Lai Sun’s executive committee.
Goodman Group said on 11 April that it has appointed George Zoghbi as an independent director of both Goodman Limited and Goodman Funds Management. Currently chief executive officer of food processing company Arnotts Group following is acquisition by KKR, Zoghbi formerly served as chief operating officer of the US division of Kraft Heinz and is expected to lend his packaged goods and supply chain experience to his role at Goodman.
Alistair Walker has been re-designated as a director with EQT Exeter in Japan, where he is now based in Osaka, after joining the private equity real estate firm in Tokyo during August last year, according to a LinkedIn update. Before signing up with EQT Exeter, Walker had served for nearly three years as a director with the industrial and logistics agency division of Savills in Tokyo, and also has previous experience with CBRE and Colliers.
Knight Frank this month said it has promoted Natalie Tsui to chief marketing officer for Greater China with the nine-year company veteran also being permanently appointed to the company’s Greater China executive board. Knight Frank points out that Tsui’s appointment brings a female presence to its Greater China board while praising her abilities as both an operator and strategic visionary.
Danny Kuo has joined CBRE in Taiwan as a senior director advising on portfolio strategy and corporate strategy, according to a LinkedIn update. Kuo picked up his new name cards this month after more than 13 years with JLL in Taipei where he had started out as an analyst in 2010 before taking on management roles in the company’s strategic consulting division. The National Taiwan University also has previous experience with Cite International Development Consulting.
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.