TORONTO, June 10, 2013 /CNW/ - Bentall Kennedy, one of North America's foremost real estate investment advisors, today announced the appointment of David Denison as Board Chair.
Outgoing Chair, Ron Ghitter, QC, has brought his deep experience in real estate, law and governance to Bentall Kennedy for eight years and will continue to serve on the Boards. Under Mr. Ghitter's leadership of the Boards, Bentall Kennedy has increased client assets by over 200% and solidified its position as a leader in the North American real estate investment management sector.
"I am pleased to be passing the role of Board Chair into such capable hands," said Mr. Ghitter. "David Denison's track record and experience will allow him to offer unique insights into the needs of investors and he will be leading a strong group of directors committed to ensuring Bentall Kennedy's continued leadership in governance practices in real estate investment management."
With more than 32 years of experience in the financial services sector, Mr. Denison most recently served as Chief Executive Officer of the Canada Pension Plan Investment Board, where he oversaw the management of a diversified portfolio in excess of $170 billion. Previously, Mr. Denison served as President of Fidelity Investments Canada Ltd. and held senior postings in the investment banking, consulting and mutual fund businesses in Canada, the United States and Europe.
"Mr. Denison's extensive knowledge of the financial services sector, impressive track record as top fiduciary for one of the world's largest pension funds and his experience as the former Chair of the Canadian Coalition for Good Governance make him an extraordinary fit to Chair our Boards," said Gary Whitelaw, Group Chief Executive Officer of Bentall Kennedy.
Mr. Denison assumed the role of Chair of the Bentall Kennedy Boards on May 10, 2013. He also sits on the Boards of BCE Inc. and the Royal Bank of Canada and is a member of the World Bank Treasury Expert Committee. He is also a Director of the United Way of Greater Toronto and the incoming Chair of Bridgepoint Health.
About Bentall Kennedy
Bentall Kennedy is one of North America's largest real estate investment advisors and one of its foremost providers of real estate services. Bentall Kennedy serves the interests of more than 500 institutional clients across 142 million square feet of office, retail, industrial, hotel, and apartment properties totaling over $30 billion throughout Canada and U.S.
Bentall Kennedy has a 100-year track record of delivering superior returns and a reputation for integrity, innovation and creating value. Bentall Kennedy is a member of UN PRI and is a recognized global leader in Responsible Property Investing.
Bentall Kennedy is privately owned by senior management and two of North America's largest institutional investors, British Columbia Investment Management Corporation (bcIMC) and the California Public Employees' Retirement System (CalPERS).
Bentall Kennedy includes Bentall Kennedy (Canada) Limited Partnership and Bentall Kennedy (U.S.) Limited Partnership.
For more information, visit www.bentallkennedy.com.
SOURCE: Bentall Kennedy
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