Richard Dakin, CBRE’s head of European investment banking and debt and structured finance, will retire in December.
The agency said Dakin’s departure “marks the close” of a 42-year career in banking and real estate finance, the past decade of which has been with CBRE.
Before joining the firm he spent 32 years with Lloyds Banking Group, where he was managing director and head of the real estate business support unit, managing non-core commercial real estate assets at the height of the global financial crisis.
From July, Dakin will have a part-time role supporting the investment banking and debt and structured finance leadership team.
CBRE chief executive for the UK and Ireland Ciaran Bird said: “I want to take this opportunity to thank Richard for his significant contribution to the ongoing success of our UK business.
“Not only has he been an inspirational leader to many across our business, but he has led the growth of our investment banking and debt and structured finance business through one of the most challenging and uncertain periods the real estate and financial markets have ever experienced.”
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