This article is from the Australian Property Journal archive
HIGH profile property executive Kylie Rampa has been appointed as QIC’s new chief executive officer, following the retirement of Damien Frawley from the top job.
Rampa will bring over 25 years of experience in investment management and more specifically real assets investing, to the head spot of QIC.
Rampa is currently group head of investments at Lendlease, as well as a member of the global leadership team and global investment committee, on which she is charged with driving Lendlease’s global growth strategy.
Prior to this position Rampa worked for 13 years at Macquarie, as well as in positions at Gandel Group, AMP and Schroders.
“The Board is confident Ms Rampa’s strong experience in managing large and complex businesses coupled with her investment and capital management acumen, will ensure QIC continues to deliver strong performance for its clients,” said Ian Martin, QIC chair.
Rampa’s expertise is in private markets, especially real estate, as well as private and public capital markets, real estate development, asset management, mergers and acquisitions, business strategy and operations.
“Ms Rampa will continue to drive the Board-endorsed strategy across QIC’s investment capabilities – with our core objective of being client led in all that we do,” added Martin.
Rampa’s approval by the QIC board comes after a four-month global recruitment process, led by global executive search firm, Egon Zehnder, following Frawley’s June announcement of his intentions for a 2022 retirement.
“I am very proud to be appointed CEO and I want to acknowledge the tremendous work of Damien Frawley who has led a team of specialists who have added significant value for clients via QIC’s investment capabilities,” said Rampa.
Rampa will commence as CEO in April of 2022, with Frawley staying on in the position until then to ensure a seamless transition.
“Together with the QIC Board, the executive team and all QIC’s employees, I am excited to lead an organisation that is focused on delivering strong investment performance for QIC’s government, domestic and global institutional clients in a complex operating landscape,” concluded Rampa.
