Weekly roundup of people news, May 31
![Weekly roundup of people news, May 31](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20240531071807_BIO%20(12).png&c=1&h=677&q=100&v=20244608&w=1204)
CDPQ HIRES NEW INFRA CHIEF FOR APAC
![](https://cdn.i.haymarketmedia.asia?n=asian-investor%2fcontent%2f20240531054030_Rana+Karadsheh_Haddad.jpg&h=200&w=150&c=1)
Caisse de depot et placement du Quebec (CDPQ) appointed Rana Karadsheh-Haddad as managing director of infrastructure for Asia-Pacific, with effect from March.
Based in Singapore, Karadsheh-Haddad leads a team that manages assets including ports, toll roads, and electricity networks, with offices in Sydney, New Delhi, and Singapore.
Karadsheh-Haddad steps into a role previously held by Cyril Cabanes, who served in the position for nearly eight years before moving on to an advisory role at Trafigura, a Singapore-based commodity trading company.
Before her move to CDPQ, she was regional director for Europe at International Finance Corp.
RAFFLES FAMILY OFFICE APPOINTS SINGAPORE CEO
Raffles Family Office (RFO) promoted Kendrick Lee, managing partner and co-founder, to CEO for Singapore.
![](https://cdn.i.haymarketmedia.asia?n=asian-investor%2fcontent%2fKendrick+Lee%2c+CEO%2c+Singapore+of+Raffles+Family+Office.jpg&h=200&w=150&c=1)
The role is newly created, a spokesperson for the multi-family office told AsianInvestor.
Lee is based in Singapore.
With Singapore serving as the firm’s dual headquarters alongside Hong Kong, the role strengthens the firm’s capabilities in the city state and across Southeast Asia.
In his previous role, Kendrick spearheaded RFO’s growth in Singapore and Southeast Asia, overseeing expansion across the firm’s four business pillars: independent asset management, bespoke wealth solutions, investment structure advisory, and risk and resilience services.
Before co-founding RFO, Lee held held multiple positions at Pictet, CIC, and Indosuez.
DWS NAMES APAC REAL ESTATE CIO
![](https://cdn.i.haymarketmedia.asia?n=asian-investor%2fcontent%2fMatthias+Naumann+DWS.jpg&h=200&w=150&c=1)
DWS appointed Matthias Naumann as chief investment officer (CIO) for real estate in Asia Pacific, effective March 1.
Naumann is based in Sydney since March after relocating from DWS’ Frankfurt headquarters, a spokesperson told AsianInvestor.
He will report to Christopher Kimm, head of real estate in Asia Pacific and based in Singapore.
It marks DWS’ first ‘on the ground’ real estate CIO.
Since January 2021, Naumann has covered Asia Pacifc as the real estate CIO in a caretaker capacity alongside his role as CIO of the European real estate platform, a role he has held since 2019.
In addition to his new, permanent role, Naumann remains chief strategist for real estate in EMEA, accountable to the co-head of DWS’ global real estate platform Clemens Schaefer.
Naumann joined DWS in 2013 as the head of European real estate strategy. Prior to this, he held roles at AXA Investment Managers in London and for Invesco Real Estate in Munich.
BNP PARIBAS AM HIRES FROM INVESCO IN SINGAPORE
![](https://cdn.i.haymarketmedia.asia?n=asian-investor%2fcontent%2fChestnut+Luk_Corporate+photo.jpg&h=200&w=150&c=1)
BNP Paribas Asset Management appointed Chestnut Luk as director, private banking sales in Asia Pacific in early May, the firm told AsianInvestor.
Based in Singapore, Luk is responsible for delivering services and fund products to private banks in the region. She reports to Günter Tschiderer, head of private banking and global strategic partners, Asia Pacific.
Luk joined from Invesco where she was most recently associate director for intermediary sales in Singapore until April. In this role, she was leading sales effort for the Singapore market where her coverage included family offices and insurance companies, according to Luk’s LinkedIn profile.
Invesco declined to respond to AsianInvestor’s request for comment about Luk’s role and replacement.
Luk has previously also worked at Neuberger Berman and Coutts in Hong Kong and London.
HMC CAPITAL HIRES CHAIR FOR NEW PRIVATE CREDIT PLATFORM
Australian alternatives manager HMC Capital bought local real estate private debt manager Payton Capital as the first step towards creating a A$5 billion private credit management platform for corporate, mezzanine and infrastructure loans.
HMC appointed Matt Lancaster as chair of its new private credit platform.
Lancaster was most recently focused on his private investment vehicle Farmcove Investment Holdings as well as his investment advisory business Farmcove Capital Finance, after he left Macquarie Group in 2020.
Lancaster spent 18 years at Macquarie Group across its Sydney, London, and New York offices.
T. ROWE PRICE APPOINTS RELATIONSHIP MANAGER FOR NSW
![](https://cdn.i.haymarketmedia.asia?n=asian-investor%2fcontent%2fCamilla+Banasiak.jpg&h=200&w=150&c=1)
T. Rowe Price appointed Camilla Banasiak as relationship manager, enhancing its financial adviser relationship management in Sydney and throughout New South Wales.
Based in Sydney, Banasiak will join the firm’s Australia intermediary team.
She will report to Jonathon Ross, the head of intermediaries for Australia and New Zealand.
Banasiak was previously with Netwealth.
Since 2018, she served as training and relationship manager followed by business development manager, focusing on New South Wales and the Australian Capital Territory.
Her previous experience also includes various positions at BT Financial Group.
GALLAGHER RE NAMES NEW JAPAN CHIEF
Gallagher Re Japan appointed George Sherriff as its new chief executive and current chief executive Tsuyoshi Noguchi as the new chairman, effective July 1.
Sherriff is currently leading the global client proposition across Asia Pacific from Singapore. He will continue to provide oversight to this offering after transitioning into the role of the chief executive.
In his new role, Noguchi will work closely with Sherriff and continue to expand and support Gallagher Re’s relationship with its Japanese clients on a global basis.
Gallahger Re did not respond to AsianInvestor's questions about Noguchi's predecessor as Japan chairman at the time of publication.
KROLL APPOINTS APAC HEAD
New York-based risk and financial advisory firm Kroll appointed Jon Rowell as head of Asia Pacific.
In this newly created role to support Kroll’s position in Asia Pacific, Rowell will oversee Kroll’s strategy for the region and lead commercial and client growth initiatives in the region.
Rowell is currently based in Sydney and will move office location later this year to enhance support for different markets within Asia Pacific, a spokesperson told AsianInvestor.
The spokesperson did not clarify when Rowell joined Kroll or to whom he reports.
Before joining Kroll, Rowell was most head of Asia and Caribbean for FTI Consulting and was the leader of its forensic and litigation consulting business in Asia.
FTI Consulting appointed Roy Huang as head of Asia and Caribbean, effective 3 May, a spokesperson told AsianInvestor, declining to elaborate further on Rowell’s departure and previous roles.
Before that, Rowell was a partner at McGrathNicol, a specialist advisory and restructuring firm in Australia and New Zealand.