Lendlease has hired former Ikea executive Ding Hui as its new managing director for China.
Hui, who is based in Shanghai, will be overseeing the group’s business and growth in China where Lendlease has previously announced that it plans to build A$2 billion ($1.3 billion) in retirement villages by 2023.
Hui has more than 25 years of industry experience in real estate, financial management and general management. Most recently, he was the managing director of IKEA Centres China since August 2008, where he oversaw the group’s expansion, investments, development, leasing and operations in China. Hui had joined IKEA in December 2003 as the CFO of IKEA China and later took on the role of vice president and managing director of IKEA China Investment Co. in 2006.
Prior to joining IKEA, Hui’s career spanned across several multi-national corporations in China, including PepsiCo Food China, American Standard China and Philips Lighting.
