LaSalle Investment Management has announced that Philip Ling has been appointed as Managing Director of LaSalle Investment Management Asia Pacific. He will join the team in Singapore in August.
Mr. Ling brings with him an exceptional track record across multiple asset types and more than 25 years investment management experience both in the UK and Asia Pacific. He has proven leadership experience in high growth organisations and most recently served as CEO of Investment Management for Lend Lease in Australia, where he led initiatives focused on maximising performance of all assets for the wholesale investment management business line across Asia Pacific. Prior to that was CEO for the company's Asia Pacific Wholesale Funds.
Amongst his top priorities, Mr. Ling will be responsible for assisting with the development and execution of LaSalle's overall business strategy in Asia Pacific; recruiting, training and managing a team of people as needed to support planned growth initiatives. Leading this team, he will ensure continued competitive investment performance delivery for our clients. Mr. Ling's appointment is timely as LaSalle's Asian business continues to expand. LaSalle has been established in Asia Pacific since 2000, and to date employs more than 110 staff responsible for $4.5bn of assets under management with substantial additional committed capital to invest. The company currently has six offices in the region including Singapore, Tokyo, Hong Kong, Seoul, Shanghai and Melbourne.
Jack Chandler, LaSalle's Chief Executive Officer Asia-Pacific, said, "As our business continues to see attractive investment opportunities and expand we continue to develop the platform to support those activities. We are delighted to have Philip join us as his broad experience in the region lends to the type of senior level management talent we are continuing to add to our team in Asia. We're confident his management skills and industry expertise will help us continue to provide our investors with the outstanding investment performance and high quality service they've come to expect from us."
Source: Jones Lang LaSalle