Frank Roseen appointed as new Managing Director, Central Europe, for GE Real Estate (CEE)

GE Real Estate announces the appointment of Frank Roseen, previously Head of Asset Management for GE Real Estate International based in Tokyo, as the new Managing Director for GE Real Estate Central Europe.

Frank Roseen joined GE in 2002 when he was appointed as Finance Manager for Real Estate Nordic. In 2005 he moved to Tokyo, initially as Chief Financial Officer for the Asia Pacific region, where he played an important role in growing the business. In March, 2008, he was promoted to the position of Head of Asset Management Asia Pacific, a role which involved him working closely with the Asset Management teams in the various geographies to execute on sales strategies across the region. With the creation of GE Real Estate's international organisation, Roseen was appointed Head of Asset Management International.

In his new role, Roseen will be based in the Prague office of GE Real Estate which serves as the company's head office for the whole of Central and Eastern Europe, managing investments in the Czech and Slovak Republics, Poland, Russia, Bulgaria, Romania and Turkey. His role will be to build on the considerable success of the previous management team by expanding the existing product portfolio as well as identifying opportunities in countries in the region where GE Real Estate is yet to have a presence.

Commenting on Roseen's appointment, Mark Hutchinson, President and CEO of GE Real Estate International, said: "The appointment of Frank Roseen in this key role for GE Real Estate reflects both his considerable contribution to the Company to date as well as further confirmation of the importance that GE Real Estate places on its Central European operations. We are sure that the whole CEE team will benefit from Frank's extensive financial and operational experience across a range of markets."

Frank Roseen himself said: "Even in today's difficult markets, the Central European region is developing quickly. I am really looking forward to working with what is recognized as a highly successful team on the ground to build on the good work that has gone before, and extend the reach of what is already a significant portfolio."

Source: FD

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