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VANCOUVER, British Columbia, Oct. 12, 2022 (GLOBE NEWSWIRE) — QuadReal Property Group (“QuadReal”) welcomes Rita Achrekar to its Board of Directors.
Rita brings to the group over 30 years of expertise in international capital markets, threat administration, governance and business transformation. She at the moment serves on the boards of ICICI Bank Canada, Farm Credit Canada and Canadian Investor Protection Fund.
In addition to Rita’s in depth board expertise, she is an Executive in Residence on the Global Risk Institute in Financial Services. Previously, Rita was Senior Vice President, Global Risk Management at Scotiabank, one of Canada’s main banks, the place she led international groups in market threat, credit score threat and compliance transformation. She volunteers her time as a mentor with Women in Capital Markets and Neythri along with incessantly talking at trade occasions on the matters of threat administration and environmental, social and governance (ESG).
“We are pleased to have Rita on board. Her impressive experience in financial services, including the important areas of risk management and governance best practices, will enhance our global execution capabilities,” mentioned Thomas Garbutt, Board Chair.
“QuadReal is at the forefront of prudent real estate investing and has an impressive track record of delivering strong returns and growth to its clients. I look forward to working with the team and fellow board members to help further QuadReal’s strategic goals and commitment to community building,” mentioned Rita.
Rita’s appointment brings the membership of QuadReal’s Board to eight members. QuadReal’s Board is appointed by the CEO/CIO of British Columbia Investment Management Corporation (BCI). In addition to now six impartial actual property professionals, the Board consists of BCI’s Executive Vice President and Global Head, Public Markets, Daniel Garant and Chief Operating Officer, Shauna Lukaitis. BCI established QuadReal in 2016 to handle its actual property debt and fairness packages. With $221.1 billion of managed property as at March 31, 2022, BCI is one of the biggest asset managers in Canada.
For details about QuadReal’s Board of Directors go to: https://www.quadreal.com/team/governance/
About QuadReal Property Group
QuadReal Property Group is a world actual property funding, working and growth firm headquartered in Vancouver, British Columbia. Its property underneath administration whole $67.1 billion. From its basis in Canada as a full-service actual property working firm, QuadReal has expanded its capabilities to put money into fairness and debt in each the private and non-private markets. QuadReal invests instantly, by way of programmatic partnerships and thru working firms wherein it holds an possession curiosity.
QuadReal seeks to ship robust funding returns whereas creating sustainable environments that convey worth to the folks and communities it serves. Now and for generations to come back.
QuadReal: Excellence lives right here.
www.quadreal.com
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