Jones Lang LaSalle has announced that Alastair Hughes is to extend his role to Chief Executive Officer of its European business from 1st November 2005. He will lead an already strong, established and experienced European management team and will also become a member of the firm's Global Executive Committee.
In Europe, Jones Lang LaSalle employs 2,900 people, in 39 offices and its turnover in 2004 was $442.6 million (£242 million).
Colin Dyer, President and Chief Executive Officer, comments: "Alastair possesses an important combination of leadership skills, property experience and a sound understanding of our business. For the last five years he has led Jones Lang LaSalle's business in England. Under his direction the English business has shown consistent growth and the firm is widely acknowledged as a leader in the market. This proven track record, coupled with his experience as a member of the European Business Board for the last five years has given him an excellent grounding to take on his new role, driving our European growth as European CEO."
Alastair Hughes adds: "This is an exciting and challenging opportunity for me. The European region accounts for 38% of the firm's turnover and is key to our global platform. Jones Lang LaSalle aims to be the undisputed best in class in the region; we have lead positions in many of the markets where we operate; and there are enormous opportunities for our continued growth."
Alastair Hughes continues to be responsible for the English business working with Chairman, John Stephen, who will play an enhanced role in leading and developing the firm's relationships with its clients. Andy Mottram, currently Chief Financial Officer for Europe, will become the Chief Operating Officer for the English business, responsible for the day to day operational and financial management of the business.
Source: Jones Lang LaSalle