JLL appoints Christian Ulbrich as president

JLL's CEO for the EMEA region, Christian Ulbrich, has been appointed president following a restructuring under which the roles of president and CEO will be separated in future.

Guy Grainger, currently UK Chief Executive, will succeed Ulbrich as EMEA CEO, while Chris Ireland will become UK Chief Executive. All changes are effective 1 June 2016.

Colin Dyer will retain the role of CEO and continue to guide the firm’s global strategy, with a particular emphasis on IT and data strategies, and oversee LaSalle Investment Management as well as the firm’s finance, human resources, legal and marketing functions.

Ulbrich, who will report to Dyer, will also be nominated for election to JLL’s board of directors at the annual shareholders meeting in May. As president, he will manage JLL’s regional businesses in Asia Pacific, EMEA and the Americas and focus on driving growth through acquisitions.

Ulbrich joined JLL in 2005 as managing director of JLL Germany and has held the role of EMEA CEO since 2009.

'Christian is an excellent choice to be JLL President,' said Dyer. 'As EMEA CEO, he has delivered sustained growth, doubling the region’s revenue and increasing profits more than fourfold. He consistently earns the respect of clients and colleagues, and demonstrates a keen ability to identify future opportunities and embrace change.'

Grainger has been UK Chief Executive since January 2013, overseeing significant growth in revenues, profits and capabilities.

Ireland joined JLL in 2011 as one of the joint managing partners of King Sturge. Following that merger, he took a dual role as JLL’s UK chairman and lead director of UK Capital Markets.