The firm has announced the appointment of two regional CEOs to lead the company’s expansion in Europe and Asia Pacific. James Bury will become CEO for Europe and Michael Flynn will take on the role of CEO in Asia Pacific. Both James and Michael will report into Justin O’Connor, Global CEO for Savills IM.
Savills IM has also announced the appointment of Thomas Guetle and Axel Kraus as co-heads of its much expanded German business, following the acquisition of SEB Asset Management in 2015.
Carolina von Groddeck will become Head of Transactions in Europe and Gerhard Lehner has been promoted to Head of Fund Management in Europe.
Justin O'Connor, Chief Executive Officer at Savills IM, commented:
“Over recent years we have benefited from strong growth in Europe and Asia. With a well resourced and successful investment management platform across geographies and sectors, our investment offering to clients has expanded significantly.
“Along with the recent senior hires of Neil Varnham and Richard Gore, and the appointment of Richard Lake as Global Head of Investment Risk, these executive appointments mean that Savills IM has a highly experienced leadership team to continue our global expansion.”
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