Singapore, 12 February 2019 – With a view towards sharpening our focus across all South East Asian markets for our next phase of growth, we are pleased to announce the following leadership changes in the region which take effect immediately:
Pauline Goh, CEO of CBRE Singapore and South East Asia since July 2010, will move on to assume the role of Chairman, South East Asia. Pauline’s new role will be more client-centric, focused on nurturing and growing strategic client accounts across South East Asia.
Moray Armstrong, who has served as Managing Director of the Advisory & Transactions (A&T) and originally joined CBRE Singapore in 1998, has been appointed Managing Director of the Singapore business. All business line leaders in Singapore will report to Moray who will also retain operational oversight of the A&T platform.
Vikram Kohli, who has served as Regional Managing Director, South East Asia, with a focus on markets outside of Singapore, will move into the role of Chief Operating Officer with management and operational oversight of the entire South East Asia region including Singapore.
Pauline Goh, Chairman of South East Asia, CBRE commented, “Singapore has been our growth engine in South East Asia, having grown at a compounded annual growth rate of 35% over the past 5 years. It will continue to be the hub around which we pivot our business growth and innovation for the region. As such, we need a dedicated leader to take the company and people forward in this next phase of growth. Under Moray’s leadership, CBRE’s A&T team has captured the largest market share of leasing transactions in Singapore. With 32 years of commercial real estate experience under his belt, local market knowledge and established relationships, I am confident that Moray will be able to take CBRE to greater heights.”
Moray Armstrong, Managing Director of Singapore, CBRE commented, “CBRE’s Singapore business has enjoyed tremendous growth over the past 20 years. Our established brokerage and professional services platform enjoys impressive market share and we will continue to invest in the best industry talent. There are also clear opportunities to grow our advisory business in response to clients’ changing requirements. CBRE will look to harness innovation and proptech to ensure the firm’s key customer base has access to market leading, relevant and impactful technology.”
Mr Armstrong added, “The Singapore office has developed trusted client relationships across many projects and through multiple market cycles. We recognise that continued success for CBRE will only be assured if we deliver excellent outcomes for our clients. I am really excited about the journey ahead and I look forward to the continued support of clients and colleagues as we write this next chapter in CBRE’s growth story.”
Pauline, Moray and Vikram will report to Anshuman Magazine, Chairman and CEO of India, South East Asia, Middle East and Africa.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.