A pair of Japan moves lead this week’s review of personnel moves from around Asia Pacific’s real estate industry, as a US private equity firm names a new chairman for the country and a Tokyo-listed REIT debuts a new CFO. Also making the list are new appointments at Singapore’s Hiap Hoe and IWG.
Stonepeak announced on 2 July that it had appointed Yuichi Jimbo as its chairman of Japan with immediate effect. Based in Tokyo, Jimbo is expected to support the execution of the private equity firm’s strategies in Japan and the broader APAC region. Jimbo previously served as chairman of investment banking for Bank of America Japan and vice chairman of BofA Securities Japan. He joins after Stonepeak in March closed on $3.3 billion in equity for its Asia Infrastructure Fund.
Japan’s ORIX JREIT informed the Tokyo stock exchange on 1 July that its asset management company, ORIX Asset Management Corporation has passed a resolution appointing Ikuya Onda as executive officer, vice president and chief financial officer with the move coming after Onda was last month appointed executive officer responsible for the company’s strategic planning department.
Singapore-listed developer Hiap Hoe Limited announced to the SGX on 1 July that it has appointed Kim Seng Tan as an executive director on its board with immediate effect. Now 64, Tan has spent decades in Asia’s hotel industry and is currently a non-executive, independent director of Amara Holdings, an independent representative of the board of timeshare company Club Wyndham Asia and an owner’s representative and advisor of serviced apartment company Oakwood Studios Singapore.
Elizabeth Laws Fuller has been named regional director for growth in Asia Pacific for IWG, where she now leads partnership development across the region for the serviced office provider. The new role comes after Fuller in January had been named head of Singapore for the parent firm of Regus, Spaces and other flexible office brands. The flexible office veteran takes on her growth assignment as IWG aims to open 1,000 new locations across APAC over the next three years.
Abhishek Bajpai has joined EQT Exeter in Singapore as head of leasing and occupier solutions for Asia Pacific, according to a LinkedIn update. Bajpai signed up with the private equity firm after more than 17 years with Colliers, where he had served most recently as managing director of occupier services for Asia with the property consultancy based in Singapore, after earlier working with the firm in Hong Kong.
Janak Malkani has climbed aboard with WeWork in Mumbai, where he now serves as head of managed office and sales for India with the flexible workspace provider, according to a LinkedIn update. Malkani joins WeWork in Mumbai from CBRE, where he had worked for more than six years, serving most recently as an executive director. The commercial real estate veteran also has previous experience with Cushman & Wakefield.
Stanley Kwok has been promoted to general manager for asset management for Hong Kong at Link REIT, according to a LinkedIn update. Kwok’s new role comes after the eight year company veteran had spent just over one year as assistant general manager for asset management in Hong Kong with Asia’s largest real estate investment trust. Kwok also has previous experience with Swire Properties.
Francis Lo has been promoted to assistant general manager at Swire Properties’ Taikoo Place complex in Hong Kong, per a LinkedIn update. Lo took on her new role at the blue-chip HKEX-listed developer this month after just over two years as a senior portfolio manager at the company where she was responsible for office and retail space at the Taikoo Place complex in Quarry Bay.
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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