Hong Kong, January 23, 2014 – CBRE Group, Inc. today announced that Alex Lowth has been promoted to Chief Administrative and Financial Officer for the firm’s Asia Pacific region, a newly created role for the company. In this capacity, Mr. Lowth will have executive responsibility for key Shared Services functions, including regional Finance, Human Resources, Information Technology, Business Continuity and M&A.
“Alex bas been with CBRE for more than 10 years, and has expertly served the business in both EMEA and now Asia Pacific. He has a notable track record of success supporting our matrix organization and we are pleased to rely even further on him to oversee our strategy to enhance, align and integrate our Shared Services offering,” said Rob Blain, CEO & Chairman, CBRE Asia Pacific.
Mr. Lowth previously served as Chief Financial Officer for CBRE Asia Pacific. In this role, he was responsible for financial management and control, overseeing all regional planning and forecasting activities, seven CFOs/Finance Directors and approximately 200 people in the finance function across the region, as well as managing key internal and external relationships.
Prior to taking up the APAC CFO position in 2010, Mr. Lowth served as the Chief Financial Officer for the firm’s EMEA (Europe, Middle East and Africa) region. He has more than 15 years of senior financial leadership experience including, strategic planning, merger proposals, information management systems design, development and implementation, business planning and managing multi-cultural and international teams.
Prior to joining CBRE, Mr. Lowth worked for several large corporations, including Lend Lease and Credit Suisse. Mr. Lowth will continue to be based in Hong Kong, the firm’s Asia Pacific headquarters.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.