New leadership at Australia’s Cromwell Property Group leads our collection of regional personnel moves this week as the Sydney-based fund manager continues to set a new direction after Singapore’s ARA Asset Management and Straits Trading helped form a new board at the company earlier this year.
Also making the list this week are human resources updates at APG, Hines, Google, Ping An and Alibaba.
Australia’s Cromwell Property Group has named former Investa Property Group leader Jonathan Callaghan as its new chief executive, according to an announcement to the Australian Stock Exchange. The Aussie fund manager, which counts Singapore’s ARA Asset Management and Straits Trading among its largest shareholders, had selected ARA ally Gary Weiss as its new chairman in March of this year, following a protracted struggle for management control with now retired founder Paul Weightman, who left the company at the end of last year. Callaghan had been with Investa since 2006, including serving as CEO from 2016 until he stepped down in April. He will take on his new role in Sydney on 5 October.
Brian Hung has been promoted to director at APG Asset Management in Hong Kong, after nearly four years as a senior portfolio manager with the Dutch pension fund manager. The former Bank of America Merrill Lynch executive has now been with APG since 2014, and serves on the board of some of Asia Pacific’s largest real estate enterprises, including Australian student accommodation giant Scape, India’s Virtuous Retail and Malaysian mall developer Suria KLCC.
Li-Wen Ho has joined Hines as director with the US developer and fund manager in Singapore, according to a LinkedIn update. Ho started her new role this month after completing maternity leave, and formerly been a director in charge of investor relations with Singapore-based private equity firm SC Capital Partners, where she spent nearly seven years. The graduate of Brown University and the Booth School of Business at the University of Chicago also has previous experience with Clearwater Capital Partners and Credit Suisse First Boston.
Peter Barrell has joined Google in Singapore as a member of the US tech giant’s global infrastructure team, according to a LinkedIn update. Barrell, who recently completed a master’s degree in real estate at National University of Singapore, had previously spent three years with WeWork as senior director of real estate for Asia Pacific, as well as a six year stint as office broker with JLL in Shanghai.
Zhao Jiaxin has joined Ping An Real Estate in Shanghai as a deputy director in the office management department of the mainland financial giant. Zhao took on her now job this month after nearly three years with Warburg Pincus-backed developer D&J China, where she served as a manager in the asset management department. The graduate of the Shanghai Institute of Foreign Trade also has previous experience with Cushman & Wakefield.
Felix Liu has been promoted to vice president of general services administration at Alibaba Group in Hangzhou, where he helps to supervise the company’s real estate and intelligent building division, as well as the corporate administration and workplace unit and the corporate procurement department. The new position comes after the Jilin University graduate spent more than three years looking after Alibaba’s real estate worldwide in the company’s corporate administration and workspace department.
Angela Wang has signed up with Walmart in Shanghai as a senior real estate manager with the US hypermarket operator, according to a LinkedIn update. Wang took up her new responsibilities after completing master’s degrees in business administration and real estate development at the Columbia Business School in New York earlier this year. The chartered financial analyst also has previous experience as a vice president with Trinity Street Capital Partners in New York.
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.