Lendlease appoints Asia CEO

Lendlease has appointed a 2003 company graduate, Justin Gabbani, as chief executive officer, Asia.

The announcement comes two months since the executive who formerly held that position, Tony Lombardo, was chosen as group chief.

In a statement last week, the developer and investor added that Deborah Yates would take on the chief people officer position, starting on July 1.

Mr Gabbani’s role will begin on June 1.

Lendlease has an offshore development pipeline worth c$110 billion (story continues below).

Justin Gabbani

Mr Gabbani moved from Australia to Singapore 10 years ago; since late 2016, he has held the chief financial officer, Asia, role.

Prior to that, the executive was head, Investments & Capital Markets (Asia and Europe).

Outgoing group CEO Steve McCann said both candidates have “demonstrated skills and expertise” which “will bring valuable new perspectives to Lendlease’s global leadership team”.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.