Global property adviser Cushman & Wakefield (C&W) has appointed Tim Millard as the new General Director of its 140-strong Moscow office, with effect from 1 January 2010. Millard, who has worked at C&W in Russia since 2003, will succeed Mark Stiles, the co-founder along with Sergey Riabokobylko of Stiles & Riabokobylko which was acquired by C&W in 2005.
Global property adviser Cushman & Wakefield (C&W) has appointed Tim Millard as the new General Director of its 140-strong Moscow office, with effect from 1 January 2010. Millard, who has worked at C&W in Russia since 2003, will succeed Mark Stiles, the co-founder along with Sergey Riabokobylko of Stiles & Riabokobylko which was acquired by C&W in 2005.
Millard, who has been a member of the Russian board since 2005, ran the Valuation and Advisory team in Moscow for five years, was a member of the firm's cross-border capital markets team, and most recently acted as COO of the Russian business. Millard will work closely with Stiles and Riabokobylko who remain key members of the Russian business and members of the board.
Paul Bacon, CEO of C&W in EMEA said; 'Tim's in-depth experience and understanding of the Russian market and our own operations in Moscow puts him in an ideal position to lead our business successfully and to ensure that we capitalise on opportunities as the market recovers. We thank Mark for his significant contribution to the success our Russian business over the past 15 years.'
