David Morrison was promoted to chief investment officer of the Americas at real estate manager CBRE Global Investors, said Pam Barnett, spokeswoman, in an email.
Mr. Morrison is taking on a component of the role of Vance Maddocks, CEO of the Americas business. He had been head of portfolio management-Americas. In his new position, Mr. Morrison will be responsible for creating and implementing investment strategy. He is also maintaining his duties overseeing portfolio management.
CBRE Global Investors had $98.3 billion in assets under management as of Sept. 30.
