European real estate investor association INREV is searching for a new CEO after announcing that Lonneke Löwik will be stepping down from the role in August.
INREV said Löwik, who joined over six years ago, has driven the expansion of the organisation, increasing the membership base by 23% to more than 125 institutional investors, while evolving the scale, quality and scope of its services.
Löwik pioneered the integration of data and research, providing members with better quality and more granular analysis capabilities, INREV said, while driving the “revision and adoption of INREV guidelines and embedded ESG across all areas of INREV’s operations”.
Prior to becoming INREV CEO in 2017, Löwik was head of operations at real assets sustainability benchmark GRESB and before that helped launch the Global Infrastructure Investor Association.
Löwik’s CEO appointment marked a return for her, having worked at INREV between 2009 and 2014 as director of research and market information, and then director of professional standards.
INREV said its management board has instructed international search firm Egon Zhender to begin the process of finding a suitable replacement for Löwik, a process expected to take several months.
Martin Lemke, INREV chairman, said: ‘Lonneke has made a monumental contribution to INREV. With a combination of vision, energy and good humour she has steered the association through some challenging times, whilst continuing to improve the breadth and quality of services for members. Her contribution to diversity and inclusion stand out with the INREV team being a role model for the industry.
“Beyond INREV, she has played a key role in guiding the wider industry to new heights – especially in terms of global standards and transparency. Lonneke has given us all so much to be thankful for and we shall miss her greatly when she leaves in the summer.
“At that point, we will wish her well for her future endeavours. In the meantime, we’re delighted that Lonneke will continue to lead INREV with the verve and skill for which she is renowned.”
To read the latest IPE Real Assets magazine click here.