CBRE Global Investors has shuffled its Asian management team following the appointment of Daniel Queenan to chief operating officer of the global business.
In his new role Queenan will report to chief executive Matt Khourie and will be responsible for strategy and general operations.
Queenan had been chief executive of the investment management business of CBRE in the Asia Pacific region and will be replaced by Steven Swerdlow.
In addition to running CBRE GI’s operations in the region and working with the Asia Pacific Strategic Group, Swerdlow will retain his position as head of CBRE’s US western division and will split his time between the two roles.
Robert Blain will retain overall responsibility for CBRE’s operations in the Asia Pacific region.
Bob Sulentis, chief executive and president of CBRE, said: “Steve and Danny are two of our most accomplished executives, and they are highly committed to our focus on exceptional client service and operational excellence.
“Steve brings strong leadership skills to his new role and will work closely with Rob to drive further growth across Asia Pacific. Danny did an outstanding job of partnering with Rob to lead Asia Pacific. His more than 20 years of operating and investment experience will be a great complement to Matt Ritson and our CBRE Global Investors team.”
