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ING appoints new Managing Director - Real Estate

Wednesday, April 2nd 2008, 10:23AM
The Board of ING (NZ) Limited announced today the appointment of a new managing director of the ING real estate division.

Jeremy Nicoll has been appointed following an extensive search and selection process. Nicoll has been with ING for nine years, most recently as the CFO and Company Secretary for ING Property Trust Management Limited and ING Medical Properties Limited.

Nicoll first joined ING in 1999 as a fund accountant, and more recently he has been responsible for the financial and corporate functions of ING's two listed property vehicles, as well as its retirement communities venture, Real Living.

Prior to joining ING, Nicoll spent two years in London with Cazenove & Co, after starting his career in Auckland with Coopers & Lybrand.

There is no change to the management of the individual real estate entities, with Peter Mence continuing as General Manager of ING Property Trust, and David Carr continuing as General Manager of ING Medical Properties Limited.

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