This article is from the Australian Property Journal archive
FUND manager Ming Long has joined the rank of executives to resign from Investa Office Fund following Dexus’ failed $2.5 billion takeover bid.
Long resigned from her role after more than 11 years with Investa.
Prior to her appointment as IOF fund manager in October 2014, Long was joint managing director and finance director for Investa Property Group.
Yesterday she said, “It has been a privilege to be IOF’s fund manager, and leading a team that has delivered consistently strong unitholder returns over the period of my appointment,”
“After 11 years at Investa, I have decided it is the most appropriate time to pursue other opportunities. I wish IOF and Investa’s staff every success for the future,” Long added.
Investa CEO and managing director Jonathan Callaghan said she has made an outstanding contribution to the business during the past 11 years.
“We thank Ming for her leadership and contribution to Investa and wish her all the best for her future career,” Callaghan said.
Long is the fourth executive to resign this week following the fallout of Dexus’ failed takeover of IOF.
IOF’s chair Deborah Page along directors Peter Rowe and Peter Dodd also stepped down from their respective roles earlier this week.
Investa has engaged executive recruitment firm Carmichael Fisher to find her replacement. In the meantime, Investa’s chief operating officer Jason Leong will be the acting IOF fund manager.
Australian Property Journal
