JLL is set to name European boss Christian Ulbrich as its new president.
He will manage each of the company’s regions across the world. Ulbrich will report to chief executive Colin Dyer who is relinquishing the title of president. Dyer will remain responsible for IT and data strategies and LaSalle Investment Management. An announcement is expected imminently.
German-born Ulbrich, 50, is a former banker. He joined JLL in 2005 to run the German operations. In January 2009 he was promoted to chief executive of the EMEA.
Since then he has pushed up revenues to $1.4bn from $871m and incorporated staff from King Sturge, which JLL bought in 2011.
A JLL spokeswoman in Chicago said: “We never comment on market rumours.”
