Aviva Investors has appointed Ed Casal as chief executive of its global real estate business. He replaces Ian Womack who is retiring.
Casal is currently managing director of Aviva Investors’ global indirect real estate division. He joined Aviva in 2008 and has previously been chief investment officer at the firm’s real estate multi manager.
He begins in his new role on June 1 and will also join Aviva Investors’ executive committee.
Euan Munro, chief executive at Aviva Investors, said: “Real estate is a key component of our aim to deliver outcome-orientated solutions for our clients. As we continue to invest in our capabilities and strategies, I am confident that Ed brings the qualities necessary to take the real estate business forward.”
Bart Coenraads, currently head of Aviva’s Asia global real estate multi manager, will take over from Casal to lead the global indirect real estate business. Womack retires on June 30.