Property investment manager Cordea Savills has appointed Cristiano Ronchi (pictured) as head of Investment, Italy, and as a member of the Board of Directors of the Italian regulated entity, Cordea Savills SGR.
Ronchi was previously director of Investments at Cordea Savills. He joined the company in 2005 as Portfolio Manager for Pan-European Funds.
His responsibilities at Cordea Savills have included structuring of acquisitions and disposals of assets, arranging project finance and portfolio management of Cordea Savills SGR funds.
Before joining Cordea Savills, Ronchi was Finance Country Manager for Italy at McArthurGlen, which developed and managed designer outlet malls in Europe. He qualified as an accountant with Ernst & Young in 1995, where he worked as an auditor.
Commenting on the new appointment, Richard Lake, Executive Director of Cordea Savills LLP, head of Investment, Europe said: “Cristiano’s standards of pan-European portfolio management have always been exemplary. I am delighted he is stepping up into the role of Head of Investment. The Italian market has unquestionably turned this year and he will play a key role in the growth of the Cordea Savills business.”
“Giuseppe Oriani, Managing Director of Cordea Savills SGR also commented: “Cristiano’s appointment strengthens the Investment area competences of our SGR Board of Directors and helps the strategic decision making processes in this area.”