Paul Phillips was promoted to senior managing director in charge of Prudential's international real estate investment operations. Loh Chin-Hua will succeed Mr. Phillips as head of Pru's Asian real estate investment office. Mr. Phillips succeeds Leslie Horsager, who is retiring. Mr. Phillips also will oversee the units that manage domestic home-building and agriculture investments on behalf of institutional clients and coordinate the international marketing of Prudential's other private investment products.
Mr. Loh takes over as managing director of GRA Singapore, a Prudential-Jones Lang Wootton joint venture that runs the South East Asia Property Co.
