GLOBAL - Aberdeen Asset Management has appointed Roberto Varandas to head up its global property development business.
The firm, which manages £20bn ($32bn) in assets, said the newly-created role is aimed to keep pace with the increased complexity and diversity of its global client base.
Varandas and his four-strong team will work closely with the group's generalist business development and wider distribution teams in delivery of the Aberdeen'sproperty capability to its worldwide client base. He will start his new role in September.
Varandas joins from UBS Asset Management's global real estate business, where he was head of business development for continental Europe. While there he helped roll out the group's real estate platform, including all global property products, and steered their base of European clients through the recent downturn.
Aberdeen global head of business development Chris Ellyatt said: "I am delighted that Roberto is joining us in this new business development role. His expertise and knowledge of the property sector will help expand further our property investor client base."
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