Weekly roundup of people news, Aug 2
HINES NAMES NEW HEAD OF APAC REAL ESTATE SERVICES
Hines, a global real estate investment manager, has announced several key leadership promotions effective January 1, 2025.
Jon Tanaka, currently head of Hines' Japan business, will assume oversight of the Asia Pacific real estate services business. He will be based in Hong Kong.
Tanaka, who joined Hines in 2021, has over 30 years of real estate development and investment experience.
Meanwhile, Ray Lawler, current head of Hines' Asia Pacific region, who will transition to lead the Americas real estate services business in a newly created role.
Lawler, who joined Hines in 2007, has been instrumental in growing the Asia Pacific portfolio to nearly $8 billion in assets under management since 2019.
Saiko Ishii will step into the role of country head co-lead of Japan, effectively assuming Tanaka’s responsibilities.
QIC appointed Deborah Coakley as real estate managing director, effective October 15.
She will fill the vacancy left by Michael O’Brien following his resignation last week.
Based in Queensland, Coakley will lead QIC's real estate funds business and multi-billion development pipeline and report to CEO Kylie Rampa.
She joins QIC from Dexus, where she served as chief executive – funds management, overseeing a A$30 billion real estate funds management business.
Dexus will conduct a comprehensive internal and external search for Coakley's replacement.
In the interim, Ross Du Vernet, group CEO & managing director at Dexus, will work closely with the funds management leadership team and capital partners.
TAL APPOINTS CE FOR INDIVIDUAL LIFE
Australia life insurer TAL has appointed Gavin Teichner as chief executive of individual life, effective October 1.
Based in Sydney, Teichner will lead TAL's individual life business.
He will report to Fiona Macgregor, whom he also succeeds in this role following her recent promotion to group CEO and managing director.
Teichner has been with the insurer since 2009 and currently serves as executive general manager - individual life, a position he has held since 2018.
TAL is yet to announce a replacement for this role.
JPMAM APPOINTS CHINA ETF HEAD
JP Morgan Asset Management hired Zhang Guangyu to head up its China exchange-traded fund (ETF) business under the APAC ETF specialists team, the firm told AsianInvestor.
Zhang will chair the China ETF working group and collaborate with various teams to jointly formulate ETF business strategy, build out the product line, and achieve growth aspirations of the ETF business.
Based in Shanghai, Zhang reports to Hong Kong-based Philippe El-Asmar, head of APAC ETF, digital and direct, and Shanghai-based Julia Hu, head of index and quantitative investment, JP Morgan Asset Management China.
He succeeds Zhang Hao, the former China ETF head.
Zhang Guangyu was previously deputy director of the index investing department at Harvest Fund Management for almost eight years, where he was instrumental in building the company’s ETF ecosystem and new product launches.
Prior to that, he held various positions at financial institutions including Taikang Asset Management, Haitong Securities, and CITIC Securities.
HKEX NAMES HEAD OF POST TRADE
Hong Kong Exchange and Clearing (HKEX) appointed Vicky Chan as managing director, head of post trade.
Chan will join the group on August 5, reporting to Vanessa Lau, HKEX co-chief operating officer and group chief financial officer.
She will lead the post trade team to further elevate HKEX’s service offering across its clearing and settlement systems.
She succeeds Hector Lau, head of clearing and depository, who after seven years at HKEX, has decided to explore opportunities outside the group.
Chan rejoins after previously spending 15 years with HKEX in various teams including cash settlement, clearing operations and platform development, leaving in 2017 to relocate to Canada with her family.
Chan previously held roles with companies including AIA Group, Goldman Sachs, UBS and PricewaterhouseCoopers.
More recently she was an advisor at several Canadian and international companies, leading projects in areas including blockchain solutions and the development of operation platforms and processes for corporates.
BROWN ADVISORY STRENGTHENS SINGAPORE TEAM
Brown Advisory appointed Kim Yoon Bean as head of North Asia (ex-Japan), based in Singapore.
Working closely with Walter Beckett, head of APAC, and his team, Kim will create new opportunities for the firm’s investment strategies across his existing contact base of institutional investors and financial intermediaries.
He will help to open up new markets where the firm has previously had little coverage.
Kim joins from Fullerton Asset Management in Singapore, where he was predominantly responsible for establishing a presence and growing sales in Korea, a growing market for Brown Advisory.
Prior to that, he worked at JP Morgan Asset Management for eight years.
Fullerton Asset Management didn't immediately respond to an inquiry about Kim's replacement.
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