M&G has appointed Martin Towns as global head of M&G’s $42 billion real estate business. Effective July 1, Towns’ appointment follows the retirement of Tony Brown, who leaves M&G after a 35-year career in infrastructure and real estate investment.
Towns was a fund manager during his 15-year career at M&G, and most recently was deputy global head of M&G real estate.
After 11 years with M&G, Brown will relocate to Australia with his family at the end of June, ensuring a comprehensive handover before his departure.
