Rahul Ghai, managing director and head of transactions for Asia Pacific at Deutsche Asset Management has resigned from his role.
PERE has learned from sources familiar with the situation that Ghai will be imminently leaving the firm, where he is currently serving his notice period.
Deutsche AM declined to comment on the news or on the reasons for his departure, when contacted by PERE.
Based in Singapore, Ghai is a long-serving executive with the Asia Pacific real estate platform of Deutsche Asset Management. He joined the firm in 2011 as the head of real estate for southeast Asia and Australia for RREEF, Deutsche Asset & Wealth Management, the former name of the alternatives and real assets investment arm of Deutsche Bank.
In July, last year, he was promoted to the role of APAC head of transactions. This was the same time when the firm announced the appointment of Victoria Sharpe, as managing director and head of real estate for the region.
He has previously worked at Standard Chartered Bank, Istitmar World, the investment arm of Dubai World, and Jones Lang LaSalle.