Mary Ricks has been appointed president of Kennedy Wilson.
Ricks was previously president and chief executive of Kennedy Wilson Europe and will continue to oversee its European operations and the investment portfolio.
Peter Collins will take on the role of president of Kennedy Wilson Europe and will report to Ricks.
Ricks helped set up Kennedy Wilson Europe in 2011 and over the past seven years has overseen more than $10bn in acquisitions across the UK, Ireland, Spain and Italy.
Collins has 30 years of experience in financial services and the investment industry and joined Kennedy Wilson when it bought the Bank of Ireland Real Estate Investment Management, where he was director of asset management. He helped lead Kennedy Wilson’s entry into Ireland in 2011.
William McMorrow, chairman and chief executive of Kennedy Wilson, who will continue in his current role, said: “This newly created position will take advantage of Mary’s outstanding skill set and have a major impact on the drive for growth across all of our global investment portfolios.”
“Mary has been my partner at Kennedy Wilson for the past 28 years and her steady leadership, vision and global management and investment experience have proven to be key ingredients in the success of the company.”
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