Redevco has announced that arbdn’s global head of real estate and real assets Neil Slater will succeed Andrew Vaughan as CEO of the business when he steps down later this year.
Slater (pictured) will take over from Vaughan, who has worked for Redevco for more than 20 years, from 1 October.
Boudewijn Beerkens, CEO of COFRA Holding AG, owner of Redevco, said: “I am pleased to welcome Neil as Redevco’s new CEO. Neil has a proven track record of growing assets under management and attracting external investors in a multi-asset environment, which fits with COFRA’s strategy to attract more like-minded third-party capital to our investment strategies.
“I want to thank Andrew for his contribution to Redevco’s growth and success since joining in 2000. He has been a wonderful and inspirational colleague. Under his leadership, Redevco has grown substantially to become a trusted partner in creating more sustainable and liveable cities, proving that purpose and performance can go hand in hand. We wish him every success in the future.”
Slater added: “I am proud to join Redevco at such a pivotal moment in its growth trajectory. As the world’s population continues to grow, and climate change impacts our environment, Redevco through both its capabilities and the wider COFRA group, has a crucial role in making cities and urban areas healthier, more sustainable, and liveable. I passionately believe that purpose and performance must go together, so I am thrilled to be joining a company that is dedicated to aligning its clients’ interests with a mission to effect positive change.”
Vaughan said: “I feel incredibly privileged to have led Redevco, and I want to thank everyone at COFRA and Redevco for their support since I joined the company in 2000. After almost 12 years as CEO, with major milestones behind us and having repositioned Redevco as a multi-client, multi-strategy real estate manager, now is the right time to hand over to Neil who I am convinced will do a superb job in steering Redevco forward.”
