Senior appointments in Asia’s two largest markets lead this week’s review of personnel moves from around Asia Pacific, as a US asset manager names a new boss for its Japan business and a pair of mainland developers announce resignations from senior leadership roles.
Principal Asset Management announced on 16 September that it has appointed Koichiro Maeda as its head of Japan with effect from that same day. Maeda joins the US financial services firm from DWS in Tokyo, where he had served more than 11 years, including working as executive officer for Japan and head of alternatives specialist for Asia Pacific with the third-party capital management division of Deutsche Bank. Maeda succeeds Hitoshi Itagaki, who will assume the role of chairman of Principal Japan’s board of directors.
KWG Living Group informed the Hong Kong stock exchange on 15 September that Wang Zhongqi has resigned from his role as chief executive officer of the property management unit of mainland developer KWG Group Holdings. Wang, who is said to have no disagreement with the board, left his director role that same day, with Hu Nan, general manager of the company, now tasked with overall management and business development. Wang had led KWG Living since August of last year.
Agile Group Holdings notified the Hong Kong bourse on 19 September that Huang Fengchao has stepped down from his executive director role on the company’s board with effect from that day. Having held a board seat with the Guangdong-based developer since 2014, Huang is said to be retiring from the industry, but will stay on with the company in a vice president role through the end of this year.
Sun Hung Kai Capital Partners said this past week that it has hired Natalie Ngai as a director. Ngai joins the division of Hong Kong’s Sun Hung Kai and Co in Hong Kong after more than five years with Macquarie Asset Management in Singapore and Hong Kong, where she had worked most recently with the firm’s client solutions group, looking after institutional business development covering a variety of asset classes.
Michael de Jong-Douglas has retired from his role with ESR Group in Singapore after more than 11 years with the industrial specialist to spend more time on the beaches of Portugal, according to the Asia shed veteran. Having served most recently with the customer solutions and technological innovation team with ESR, de Jong-Douglas had joined the company in 2014 after earlier stints with Oxley Capital Group, Mapletree Logistics Trust and Prologis.
Mumbai-based developer Bombay Realty has hired Rohit Santhosh as its new CEO, according to a LinkedIn update, with the 18-year industry veteran joining the unit of the Wadia Group’s Bombay Dyeing from Capitaland. Santhosh takes on the leadership role at Bombay Realty after more than two years as business head for CapitaLand India’s Tamil Nadu unit, and also has previous experience with Godrej Properties and Lodha Group.
Colliers announced earlier this month that it has named Masahiro Tanikawa as managing director of its Japan business with effect from 1 January, with current MD Yukihiro Ogasawara set to take on the role of Japan chairman with the property consultancy. Tanikawa joined Colliers as a senior advisor in 2022 after more than seven years with CBRE in Tokyo and also has previous experience with Nomura Securities, Lehman Brothers and JP Morgan.
Prithijit Chaudhury has joined 360 One Asset in Mumbai as executive vice president for domestic real estate investment with the company, according to a LinkedIn update. Chaudhury started into his new role with 360 One Asset this month after more than a year with Integrow Asset Management, where he served as senior vice president and head of commercial real estate investments for India. He also has earlier experience with JLL and Colliers.
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.
Leave a Reply