To establish optimum client services platform and drive for both growth and operational excellence
December 13th, 2012, Beijing — CBRE, the world's leading commercial real estate services company, today announced that Ivan Poon will join the company as President, China, with effect from 1st January 2013. In this capacity, Ivan will have responsibility for the operational performance of the company across all regions in China. He will work in partnership with the Chairman & CEO, China, in setting the strategic direction of the business and will be directly responsible for the implementation of corporate initiatives and action plans associated with the enhancement of both the business platform and service delivery model operated by CBRE in China.
Chris Brooke, currently President & CEO of CBRE in China, will assume a new role of Chairman & CEO, China, focusing more upon national business strategy and client related initiatives.
Chris Brooke, Chairman & CEO of CBRE in China, said: "CBRE has been operating in China since 1988, with our first appointment being the marketing consultant in relation to Phase 1 of the China World Trade Center in Beijing. Over the last two decades, the company has established a national business platform which enables us to service clients across a full spectrum of product lines. Going forward, we believe that we need to optimize our organization and management structure to reflect the ongoing transformation of the real estate industry in China. With the appointment of Ivan to this new role, we are confident that we will be able to generate an optimum balance of growth and operational excellence, in order to better respond to client demand. The addition of Ivan’s business management expertise to the company will significantly enhance the development of our business platform and service delivery capabilities throughout China.”
Ivan Poon said:" China is becoming increasingly important in terms of the global economy and is expected to surpass the US as the world’s largest economy by 2020. As part of this growth path, the real estate industry will undoubtedly play a key role. I am very excited to be joining CBRE, the world’s most reputable brand for real estate services, at this juncture, as it offers a once-in-a-lifetime opportunity to be part of the evolution of the economy in China. I believe that our people and our platform are the most valued assets within our business, whilst innovation is the cornerstone to ensure we develop best-in-class solutions to service our clients.”
Mr. Poon is a seasoned business management executive and has served in senior leadership roles at a number of major multi-national corporations such as DHL, Compaq and Kodak. Mr. Poon holds a MBA from Stanford University and a BBA from the Chinese University of Hong Kong.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.