Atrium European Real Estate's new CEO Liad Barzilai is to take office earlier than the planned starting date of 31 March announced in December, the CEE-focused investment company said on Thursday.

liad barzilai

Liad Barzilai

A long-standing Atrium and Gazit Globe executive, Barzilai has taken over from Josip Kardun, former CEO, with immediate effect. Kardun has been appointed as the new CEO of Multi Corporation.

'I am very pleased that Liad has been able to draw on the extensive and in-depth knowledge of the company, which he has gained with Atrium over the last almost nine years, to accelerate the process of him taking the reins of the group,' commented Atrium chairman Chaim Katzman. 'I have every confidence that he is the right person to lead the group and to continue to deliver value for our shareholders. I would also like to thank our departing CEO, Josip Kardun, for his contribution to Atrium and wish him luck on his future endeavours.'

The appointment has been brought forward, due to Barzilai's 'extensive, existing knowledge of the group's operations', Atrium said in a statement.  

'When I accepted the role of Group CEO I had every confidence in Atrium’s prospects based on my previous history with the group. After reacquainting myself with the strong team, I am confident in Atrium's strong foundations that will underpin its future growth,' said Barzilai. 'I am very excited to be able to officially step into my new role, slightly sooner than previously anticipated.'