CBRE Group, the world’s largest property services firm, has promoted two of its regional executives in the Asia-Pacific and the Europe, Middle East and Africa (EMEA) region to chief executive positions, according to a firm statement.
The appointments of Daniel Queenan and Martin Samworth, in Asia and Europe respectively means CBRE can split the previously dual roles held by Robert Blain in Asia and Michael Strong in EMEA of chief executive officer and chairman. Going forward, Blain and Strong will be executive chairman and Queenan and Samworth will report directly to them.
Blain and Strong’s new roles will have them focusing on more business development and big picture strategy for their regions, including client care and cross-border activity, while Queenan and Samworth are expected to focus more on the day-to-day operations and management of CBRE, according to a firm spokeswoman.
Queenan previously served as the chief operating officer for CBRE in the Asia-Pacific region, where he shared responsibility for managing the region’s day-to-day operations with Blain. Similarly, Samworth was previously CBRE’s managing director for EMEA, where he oversaw operational management of the region.
Commenting on the promotions, CBRE chief operating officer Mike Lafitte said: “[Both Queenan and Samworth] are very talented executives who are highly regarded by our people in their regions and around the world. They are also strong leaders who, working in partnership with Michael Strong and Rob Blain in their respective regions, have put us on a path toward further growth.”
Apart from his new role, Queenan will also continue to serve as chief executive of CBRE’s development services subsidiary, Trammell Crow Company, a role in which he reports to Bob Sulentic, president and chief executive of CBRE.