Jones Lang LaSalle, the financial and professional services firm specializing in commercial real estate services and investment management, has announced that Frank Pörschke is to join the firm as its new CEO for Germany, effective from January 1, 2012.
Pörschke will succeed Andreas Quint who, after three years as CEO, will move into an EMEA regional role as head of the firm's Corporate Finance division, which operates out of London and Frankfurt.
Commenting on the new appointments, Jones Lang LaSalle's EMEA CEO, Christian Ulbrich, said: "I have known Frank Pörschke for many years and I am very happy to be welcoming him to Jones Lang LaSalle as a colleague. His outstanding leadership track record and contacts will enable us to drive the next phase of the exciting and high potential growth of our business in Germany, where we are already the market leader in real estate services."
Ulbrich continued: "At the same time, we are delighted that Andreas Quint will lead our Corporate Finance business which is a key differentiating aspect of our wider service offer; one that is becoming increasingly international in its character and in the opportunities for ourselves and our clients. Andreas will provide clear vision and strong leadership to take our Corporate Finance business forward."
Frank Pörschke, who will join Jones Lang LaSalle as an International Director, was until August 31, the chairman of the Management Board of Eurohypo AG, Eschborn. Pörschke's previous roles also include board level positions for Commerz Grundbesitz Group and ECE.
Jones Lang LaSalle's business in Germany employs more than 600 people and is headquartered in Frankfurt, with offices in eight other cities across the country.
Source: Jones Lang LaSalle