Oxford Properties Group has promoted Chad Remis into the newly created role of chief investment officer.
Remis, who has spent the last 10 years at Oxford, previously led the firm’s North American business as executive vice president of North America.
Daniel Fournier, executive chair of Oxford Properties, said: “Oxford has been on a remarkable growth journey. Today, Oxford is invested in eight asset classes across 14 countries and operates across four continents. However, we are one team and one business dedicated to delivering an overall return to OMERS.
“As such, it’s the right time in Oxford’s growth story to appoint a CIO to take a global view of our investments and portfolio. This will ensure we find and execute upon the best opportunities across the globe to deliver the best overall return for OMERS and our capital partners.
“Chad is the perfect candidate for the role. He is one of the very best real estate investors in the business, is highly respected within our organisation and industry, and has led our North American team with distinction for the past six years. In this new role, we will utilise Chad’s strengths and expertise across a global mandate to lead a team that harnesses the collective power of all our investment professionals, irrespective of their location. As our business continues to increase in scale, reach and complexity, this evolved structure will set us up for our next decade of growth.”
The firm has also nominated six new team members to Oxford’s expanded global executive committee, with Liz Murphy promoted to chief financial officer.
Murphy, who held the dual role of senior vice president of finance at Oxford and global head of tax at OMERS for the last five years, replaces Allison Wolfe, Oxford’s outgoing CFO and global head of portfolio management. Wolfe is leaving the firm in September.
The new members of the executive committee are: Alessandro Fiascaris, head of Asia Pacific; Claire McIntyre, head of corporate and public affairs; Nu Suwankosai, head of global credit; Randy Hoffman, EVP North American investments; and Tyler Seaman, EVP Canada.
“What has struck me since I joined Oxford as executive chair earlier this year is the sheer depth of talent we have at this organisation, and the appointments are worthy recognition of the contributions each individual has made to Oxford,” added Fournier. “As a growing, global business, these new appointments increase not only the geographic representation of our executive committee but also better recognise the importance of our corporate functions to Oxford’s success.
“Our expanded executive committee has been built to ensure we have robust succession planning in place for key leadership roles. Most importantly, it delivers new opportunities for those leaders appointed to the committee today and new paths of growth for Oxford’s next generation of leaders.”
