Multi Corporation's Stefan Andraschak will be stepping down as managing director of Multi Germany with effect from 31 October 2016, Multi Corporation has announced.
Andraschak has been responsible for the development and management of various large-scale shopping centres in Germany since 2006 and for the company's regional growth.
Mark Siezen, leasing director of Multi Corporation, will take over as interim managing director.
Harold van Riel has been appointed finance director of Multi Germany with effect from 12 September 2016.
Until recently, van Riel was acting interim finance director of Multi Turkey. He replaces Arne Went, who will return to the Amsterdam head office to focus on Multi Netherlands and Belgium.
'We would like to thank Stefan Andraschak and Arne Went for their tremendous contribution to the success of Multi Germany. We are confident that Mark Siezen and Harold van Riel will successfully succeed and continue building Multi Germany into one of the leading Asset Managers of Germany,' commented Jaap Blokhuis, CEO Multi Corporation.
