Austrian listed property firm CA Immo has announced the appointment of Silvia Schmitten-Walgenbach as new chief executive officer (CEO) following the departure of current CEO Andreas Quint, who will retire when his management board mandate expires on 31 December 2021.
Schmitten-Walgenbach will take up the CEO role at the beginning of 2022 for a period of three years until December 31, 2024.
She joins from Barclays Bank Ireland where she held the role of chief operating officer responsible for activities in Germany, the Netherlands and Sweden. Before Barclays Bank, she was a member of the management board of Morgan Stanley Real Estate Investment and was responsible for handling the real estate fund business of the investment company.
Between 2005 and 2009 she headed the real estate strategy division at Dresdner Bank as part of the Allianz Group. There she restructured and sold Dresdner Bank's real estate portfolio before being appointed to the management board of Deutsche Gesellschaft für Immobilienfonds (DEGI)/Aberdeen Property Investors Holding, where she was responsible for transactions, fund management and treasury.
‘With Silvia Schmitten-Walgenbach we are gaining an experienced manager who has excellent expertise in both the financial and real estate sectors. With her many years of international experience at the interface between the capital market and the real estate business, she will be an excellent addition to the Management Board team and will continue to shape CA Immo´s successful course,’ said Torsten Hollstein, chairman of the supervisory board of CA Immo.