LaSalle Investment Management, the global real estate investment manager, announced a strategic leadership transition in Asia Pacific, with Steve Hyung Kim assuming the role of head and CIO of the region effective May 1.
Hyung Kim previously served as co-head and co-CIO of Asia Pacific and brings 26 years of investment experience, with a strong track record in opportunistic investing and platform development. In his new role, Hyung Kim will lead the firm's investment strategy, client relationships and business operations across the region.
Kunihiko (Nick) Okumura will step down as co-head and co-CIO of Asia Pacific on May 1, and will depart LaSalle on Oct. 31. During the transition period, Okumura will continue to serve in focused roles to support continuity, including as Asia Pacific investment committee member through his departure date and as CEO of Japan through June 30.
Brad Gries, CEO at LaSalle said, “Steve's appointment demonstrates the strength of our