ING Industrial Fund's chief investment officer is set to takeover a new role as CEO of ING Real Estate Canada.
INGREC the manager of the fund’s Canadian property portfolio has restructured the Canadian business and the pending sale of its retail assets, executive chairman Lou Maroun, CEO Paul Dykeman and three other executives will be leaving the company on January 15 2009.
Internal promotions from within senior management of ING Real Estate
IIF’s CEO Paul Toussaint said with the retail property portfolio now under conditional contracts of sale, and the subsequent management restructure, the Canadian team is well positioned to focus on its core business of industrial property.
Australian Property Journal