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Chiao Sheng named Managing Director of JLL West China; Shelly Xie becomes Managing Director of JLL Chengdu
SHANGHAI AND CHENGDU, March 4, 2016 – JLL (NYSE: JLL) announced today that Eddie Ng, the current Managing Director of Chengdu and West China, has been named as the new Managing Director of Shanghai and East China. He will be succeeding Anthony Couse, who has been named as the Chief Executive Officer of JLL Asia Pacific last month. Additionally, Chiao Sheng, the current Managing Director of Xi’an, will succeed Eddie Ng as the new Managing Director of West China while retaining his current responsibilities; and Shelly Xie, the current Head of Chengdu Retail, will become the new Managing Director of Chengdu. All changes will take effect on June 1, 2016.
Eddie Ng joined JLL Hong Kong in 1996. He moved to Chengdu in 2005 to set up the firm’s business operation in the emerging West China region. Chengdu was the first corporate office in a Tier II Chinese city for JLL. From managing a team of only five people to operating three corporate offices (Chengdu, Chongqing and Xi’an) with a total of 1,200 staff today, Ng established JLL’s strategic presence in West China within less than 10 years by offering a full spectrum of services in the region.
“Eddie is one of the core members of JLL’s Greater China Executive Committee and a veteran who has established our leading position in West China,” said KK Fung, Managing Director of JLL Greater China. “East China is one of the most important markets to JLL in China and the Asia Pacific region. I have full confidence that Eddie will continue his success in his new role and further cement our market leadership position in East China.”
“I’ve known Eddie for over 20 years now,” said Couse, “and we have worked very closely in the past ten years for the firm’s strategic growth in China. It gives me great pleasure to know that the East China business will be in Eddie’s highly capable hands and I am confident that he will lead the business growth further.”
“Anthony has built a very strong platform in East China over the past decade and we will fully capitalize on it. I am excited to work with the existing leadership team to continually deliver innovative solutions for our clients,” said Ng. “Chiao and Shelly have been working with me for many years and both of them have made remarkable achievements in their areas. I believe they will work extraordinarily well together and lead the business to achieve our long-term goals.”
Chiao Sheng joined JLL in 2009 and was responsible of JLL’s Retail business in Chengdu and West China. In 2013, he was promoted as the Managing Director of new Xi’an Office. With strong leadership, Chiao has developed the business into the largest professional real estate services firm in Xi'an within only three years. With 15 years real estate experience in China, Chiao is well positioned to lead our West China business.
Shelly Xie joined JLL in 2006 and became a key founding member of the firm’s Chengdu office. She led the strongest Strategic Consulting and Research teams in West China. She has also been responsible for JLL’s Retail business in Chengdu since 2013. Xie has played a vital role in supporting Ng to formulate and implement the firm’s growth strategy in West China. Xie’s outstanding performance made her a well-known real estate expert of the Chengdu market.
“These new assignments reflect our commitment to talent development and are major moves toward a stronger leadership of our Greater China business.” Fung added, “In the coming months, Anthony and Eddie will work closely to ensure a smooth transition and continue to provide our clients with market-leading services.”
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JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
JLL has over 50 years of experience in Asia Pacific, with over 32,000 employees operating in 83 offices in 16 countries across the region. The firm was named ‘Best International Property Consultancy’ and ‘Best Property Consultancy Asia Pacific’ at the International Property Awards Final 2015 as well as number one real estate advisor in Asia at the 2015 Euromoney Real Estate Awards. www.jll.com/asiapacific
In Greater China, the firm was named ‘Best Property Consultancy in China’ at the International Property Awards Asia Pacific 2015, and has more than 2,200 professionals and 14,000 on-site staff providing quality real estate advice and services in over 80 cities across the country. www.joneslanglasalle.com.cn
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