New leadership for a Singapore-listed REIT leads Mingtiandi’s roundup of personnel moves from around Asia’s real estate industry today, as the trust names a new chief executive. Also making the list is a new executive director for Hong Kong-listed Greentown and a top-level departure from a Malaysian REIT.
The manager of IREIT Global announced to the Singapore stock exchange earlier this month that its chief executive, Louis d’Estienne d’Orves, has resigned from his role as he is relocating to Asia to assume a senior position with Tikehau Capital, one of the sponsors of the SGX-listed property trust. D’Estienne d’Orves has now moved to a non-executive director role on IREIT’s board with Peter Viens, a fund manager at Tikehau’s Sofidy unit having been proposed as the trust’s new chief executive.
Greentown Management Holdings notified the Hong Kong stock exchange on 18 July that it has appointed Nie Huanxin as an executive director on its board with effect from that same day. An experienced accountant, Nie currently serves as assistant president, chief digital officer and general manager of the operation management center of Greentown China Holdings, the principal domestic unit of the mainland developer. Nie takes on her new role as executive director Lin Sanjiu resigns from the board.
GuocoLand-sponsored Tower REIT said earlier this month that its chief executive, Aileen Ewe Foong Yin has resigned from the Kuala Lumpur-listed trust with immediate effect. Ewe’s departure comes just over a half year after the former BRDB Developments executive joined Tower REIT in December of 2023. Ewe had stepped in to lead the trust after its former chief executive, Noorbaizura Hermeyney, was named managing director of GuocoLand Malaysia last year.
HSBC Holdings announced on 17 July that it has appointed its current group chief financial officer, Georges Elhedery, as group chief executive, with effect from 2 September. Having first joined the London-based bank in 2005, Elhedery joined the board in January 2023, when he was named group CFO. HSBC has identified its new CEO after Noel Quinn had resigned from the role in April of this year.
The Hong Kong Mortgage Corporation (HKMC) said on 11 July that it has named Colin Pou Hak Wan as its new chief executive officer with effect from 26 December. Currently executive director of the Hong Kong Monetary Authority’s financial infrastructure department, Pou is being seconded from the HKMA to take on the CEO role. Having been with the HKMA, which serves as the parent organisation of the Mortgage Corporation, since 1995, Pou succeeds Raymond LC Li, who is retiring from the HKMC.
Colliers announced this past week that it has promoted Thomas Chak to senior executive director at the property consultancy’s Hong Kong office, where he continues to serve as co-head of the Capital Markets and Investment Services team, a role he took on in 2022. A graduate of the University of Queensland, Chak has now been with Colliers since 2019, after stints at ASG Property Partners and Knight Frank.
As part of a flurry of promotions, Colliers Hong Kong also said this past week that it has promoted Tommy Wong to senior director and head of project management. Having worked at the property consultancy for a decade, the University of Western Ontario graduate has served clients including Hermes, Hong Kong’s Mandatory Provident Fund Authority and the Hong Kong stock exchange, and now has more than 20 years of industry experience, according to the company.
Sean Linkletter has been named head of visual analytics for Asia Pacific with JLL, according to a LinkedIn update. Based in Kuala Lumpur, Linkletter takes on the new role after more than two years as director of workplace dynamics research for the property consultancy. Before relocating to Malaysia in 2022, Linkletter had served as head of JLL’s REIS data service for China for more than three years, while based in Shanghai.
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.
