Centro has reshuffled its deck here and abroad with a number of senior appointments and changes within the executive team.
The appointments include Mark Wilson, a member of Centro’s executive committee to the new position of chief investment officer based in Melbourne and will take on this new role in February 2007.
Wilson has been chief operating officer of Centro Watt, Centro’s United States joint venture, based in Philadelphia.
As a result of Wilson’s return to Australia, Tony Torney, currently general manager of unlisted funds will take the position of Centro Watt chief operating officer. Torney will be responsible for the US Centro Watt team of 355 staff and 257 retail properties with a focus on development, leasing, property management as well as shared services.
Meanwhile, Philippa Kelly, currently Centro’s fund manager will assume the new role of general manager of Institutional Funds Management.
John van de Waterbeemd, currently general manager – shared services in Australia will also relocate to Philadelphia to take on a similar role in the US.
And Bryce Mitchelson, the senior funds manager, will continue to oversee management of Wholesale Funds within the Group and will act as fund manager for the Centro Australia Wholesale Fund.
David Omond, currently senior syndicate fund manager will assume the new position of fund manager – Wholesale Funds, with responsibility for the Centro America Fund, Centro’s new US retail property wholesale fund.
Alan Hayden, currently DPFI fund manager, will take on the role of manager – Direct Property Funds with responsibility for managed funds, the DPF and DPFI.
Michael Benett will continue to deal with both buy and sell-side analysts and has been promoted to the role of Centro fund manager and Gerard Condon, currently senior syndicate fund manager, has been promoted to manager – CMCS Syndicates.
Centro MCS is the largest retail property syndicator in Australia and Gerard’s syndicate team will manage retail property funds of $7.6 billion.
By Adam Parsons
