Investa Property Group (IPG or ‘Investa’) today announced the appointment of Jonathan Callaghan as Chief Executive Officer (CEO) and Peter Menegazzo as Chief Investment Officer (CIO).
The CEO appointment follows an extensive search process by the Investa Board.
The Chairman, Mr David Baffsky said: “The Board is delighted to confirm these key appointments. Jonathan’s broad experience, capability and intricate knowledge of the Investa platform and its people will deliver continuity, growth and ongoing strong performance, and we are excited about the prospect of giving Peter a broader strategic role across the platform.
The Board believes that there are a number of excellent opportunities for the platform and looks forward to working with Jonathan and his Executive team through this next, transformative phase of the business.
Ensuring that Investa is the premier investment manager of institutional grade office properties in Australia and delivering outstanding results to all stakeholders are the key objectives.”
Mr Callaghan said: “I am thrilled to be appointed CEO of Investa and feel privileged to lead such an exceptional business and such a talented team.
The capability of our people is unmatched in the industry and I am excited about the future of our operation under our new owners and Board. I look forward to galvanising the business into its next phase of growth.”
Mr Callaghan has been with the group for more than 10 years, initially as Group General Counsel and more recently as Managing Director and Finance Director.
Investa also announced Peter Menegazzo as its Chief Investment Officer (CIO). Mr Menegazzo has been with Investa for over 11 years, most recently as Group Executive and Fund Manager of the leading wholesale fund, Investa Commercial Property Fund (ICPF).
As CIO, Mr Menegazzo will be responsible for identifying and implementing strategic group initiatives, managing capital relationships, overseeing capital transactions and research and providing investment support for all of the clients of the platform, with the objective of optimising investment performance.
Mr Menegazzo said: “It’s been a tremendously rewarding time running ICPF and I’m proud of what has been achieved. I’m looking forward to commencing in this new strategic role and continuing to leverage the strength of the platform, while capitalising on the opportunities, knowledge and capability of our highly experienced team.”