People Moves: Colliers New Zealand appoints Gareth Fraser as Chief Executive and Mark Synnott as Executive Chairman
Press Release -- Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced, on Monday, it had appointed Gareth Fraser to Chief Executive Officer and Mark Synnott to Executive Chairman of Colliers New Zealand, effective 1 May 2023.
Announcing the appointments, John Kenny, Chief Executive Officer Asia Pacific said: "The Colliers business in New Zealand is a market leader operating in all major cities across the country. Mark Synnott has spent the better part of the past 30 years building our brand and enterprising culture into one of the most successful professional services companies in this market. Mark will continue to guide the business helping our people and clients to accelerate their success in his new role as Executive Chairman."
Fraser will be responsible for continuing the ambitious growth of Colliers' business in New Zealand. Fraser has been a valued member of the New Zealand Executive Team, having over 20 years of industry experience in Real Estate Management Services, Occupier Services, Investment Sales, and property finance and banking in both Australia and New Zealand. Fraser is a highly respected leader in the Australasian property market.
Synnott said: "It has been an honour to lead the New Zealand business for several decades, being a part of our clients' growth and helping shape the careers of many property professionals. Gareth is the perfect candidate to take over as CEO, to continue our growth, bringing new ideas and a focus on building relationships with our key clients."
Fraser commented: "I am looking forward to leading Colliers in New Zealand and accelerating the success of our clients and our people. Working closely with Mark in his new role as Executive Chairman, will ensure a smooth transition and help our clients navigate the current dynamic market conditions."
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Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.