CDPQ today announced the appointment of Rana Ghorayeb as Executive Vice-President and Head of Real Estate. In her new role, she will be responsible for leading the overall Ivanhoé Cambridge portfolio and investment team, which has assets of over $77 billion.
Rana Ghorayeb has served as President and Chief Executive Officer of Otéra Capital, a CDPQ subsidiary specialized in real estate lending, for nearly five years. Before joining CDPQ in 2012, Rana Ghorayeb already had an impressive track record in real estate in renowned institutions. She served as Vice-President of Acquisitions at JP Morgan Asset Management in London, England, where she was in charge of real estate investments in several European countries. Previously, she worked in New York, where she led real estate transactions as Senior Partner at TIAA, a major U.S. pension fund.
“Rana’s career at CDPQ has been remarkable, first as Senior Vice-President in the Infrastructure team, where she forged partnerships and carried out investments across the globe that continue to benefit CDPQ. Then, as President and Chief Executive Officer of Otéra, where she distinguished herself as a leader. She successfully led the organization’s profound transformation since joining five years ago, and headed the portfolio’s growth and diversification strategy, which has made Otéra a major player in North America,” said Charles Emond, President and Chief Executive Officer of CDPQ. “With over 25 years of experience in investing, including 20 years in real estate, both locally and internationally, Rana has a real passion for projects and assets that have a positive impact on people’s lives. Her appointment to head the Ivanhoé Cambridge portfolio will enable her to combine her extensive investment knowledge with her top-tier managerial skills.”
You can now read the full press release at the link below