Global real estate investment manager Savills Investment Management has appointed Alex Jeffrey as its new CEO.
Jeffrey will join the firm in late 2019, subject to regulatory approval, and be based in Singapore. He will also become a member of the Savills group executive board.
'I am delighted to welcome Alex as CEO of Savills IM. His experience will be instrumental in leading a strong management team to deliver our aspirations for the business over the coming years,' said Mark Ridley, CEO of Savills.
'The fact he will be based in Singapore is a clear demonstration of the importance we attach to Savills’ future growth potential in the Asia Pacific region, linked to our strong UK and European platform. The board and I look forward to working with him.'
Jeffrey's most recent role was head of Asia Pacific for M&G Investments, where he developed and led the company's business across all investment sectors in the region. Prior to that, he was chief executive of M&G Real Estate, based in London. He was also chief investment officer and CEO Europe of property investment firm MGPA.
Kiran Patel will continue in his role as chief investment officer and will become deputy CEO following Alex’s arrival. Nick Cooper will continue in his role as chairman.