Toronto-headquartered Oxford Properties Group has announced a series of promotions and changes to its leadership structure with Chad Remis promoted into a newly created chief investment officer (CIO) role.
The firm has also nominated six new Oxford professionals to its expanded global executive committee which includes the promotion of Liz Murphy to chief financial officer (CFO).
Remis previously led Oxford’s North American business in his role as executive vice president of North America, which constitutes 75% of its deployed capital, and has enjoyed progressively senior roles during his 10-year career at Oxford.
Under Remis’ leadership, Oxford has substantially retooled its North American portfolio by deploying significant capital into its high conviction investment strategies across industrial, multifamily, life sciences and credit.
'Oxford has been on a remarkable growth journey,' said Daniel Fournier, executive chair of Oxford Properties.
'Today Oxford is invested in eight asset classes across 14 countries and operates across four continents. However, we are one team and one business dedicated to delivering an overall return to OMERS.
'As such, it’s the right time in Oxford’s growth story to appoint a CIO to take a global view of our investments and portfolio. This will ensure we find and execute upon the best opportunities across the globe to deliver the best overall return for OMERS and our capital partners.'
Liz Murphy, who has played a dual role of senior vice president of finance at Oxford and global head of tax at OMERS for almost five years, has been promoted to become Oxford’s CFO and join its executive committee.
Murphy has played a critical role to the success of both Oxford and the OMERS enterprise for over a decade and has been mentored for the role by Allison Wolfe, Oxford’s outgoing CFO and global head of portfolio management, who will be leaving the organisation in September.
'What has struck me since I joined Oxford as executive chair earlier this year is the sheer depth of talent we have at this organisation, and the appointments are worthy recognition of the contributions each individual has made to Oxford,' added Fournier.
'As a growing, global business, these new appointments increase not only the geographic representation of our Executive Committee but also better recognize the importance of our corporate functions to Oxford’s success.'
