INVESTA Office Fund has appointed Ming Long as fund manager following the resignation of Toby Phelps.
Ming has been with Investa Property Group for almost 10 years and was most recently been joint managing director and finance director of Investa and prior to that, she was the group chief financial officer.
IOF chairman Deborah Page said Ming brings to the role significant real estate, capital management, corporate finance and funds management experience.
“The independent directors of IOF are very pleased with the appointment of Ming Long as fund manager of IOF. Ming is a talented executive with extensive real estate and financial markets experience. Ming has intimate knowledge of the fund and has contributed greatly to IOF’s growth and strong performance in recent years.
“She has led successful finance teams and has a strong track record in driving performance through challenging markets,” Page said.
Investa Office CEO Campbell Hanan said Ming has been involved with IOF as an executive director since Investa took over management of the fund in 2011.
“She has a deep understanding of IOF’s assets and capital structure and was the stand-out choice for the role. The appointment demonstrates the strength and depth of Investa’s talent pool and our ability to activate our succession plan for important roles.
“Ming has the full support of the Investa group in her new role and we are absolutely delighted she has agreed to take the job,” Hanan said.
Ming said she looks forward to leading the strategic direction of IOF.
She will stepped down from all board positions within the broader Investa group, including her role as an executive director of the IOF Board.
As a result, Jonathan Callaghan has been appointed managing director and finance director of Investa. He has more than 17 years legal and corporate development experience and has been with Investa for eight years.
Australian Property Journal