Tony Brown has been named as head of M&G Real Estate.
Brown will continue as CIO of M&G, a position he has held since 2014.
In addition, Martin Towns has been promoted to head of U.K. commercial & capital solutions. He will be responsible for the U.K.-based fund management, investment and asset management teams within real estate.
Recently, Alex Jeffrey, CEO of M&G Real Estate, was named to head M&G’s Asia business, starting in the second quarter 2018. The appointment is part of the company’s aim to grow its investments and distributions in the region.