Shui On Land appointed Stuart Mercier, 44, as an independent non-executive director and member of its audit and risk committee, effective 3 August, according to a filing with the Hong Kong stock exchange. Mercier retired last year as a managing partner at Brookfield Asset Management, where he spent 13 years building the firm's Asia real estate business from founding head into a 350-person platform.
During his tenure at Brookfield, Mercier oversaw roughly $15 billion of investment activity across the region, including Brookfield's 2013 investment in Shui On Land's Xintiandi unit. He now runs Cairdrow Capital, a Singapore advisory firm he co-founded for family offices and institutions.
The Australian government appointed Ann Sherry as chair of Housing Australia, the federal agency overseeing the country's A$47 billion housing agenda, according to a statement from the Treasury. The appointment came alongside an independent capability assessment of the agency, which made 13 recommendations that the government has endorsed.
Sherry already chairs Queensland Airports and the Super Members Council, and is chancellor of Queensland University of Technology. She was chief executive of Carnival Australia from 2007, after leading Westpac New Zealand.
Raffles Family Office named Ken Peng as its first chief investment officer, reporting to group chief executive Chi Man Kwan, according to a company announcement. Based in Hong Kong, Peng will shape investment strategy across the multi-family office's asset classes, including the opportunistic Asia Pacific real estate fund it launched with Tishman Speyer in 2023.
Peng joins Raffles after more than 20 years in private wealth across Greater China and the United States, most recently as head of Asia Pacific investment strategy and managing director at Citi Private Bank.
Hong Kong fund manager Templewater appointed Laurent Fischler as managing director and head of real estate, based in Singapore, according to a LinkedIn announcement. Fischler also serves as executive director of Stride Hong Kong, a student housing platform backed by Templewater's real estate business. He joins after six years as head of investments, Asia Pacific at Ivanhoe Cambridge, now folded into Canada's La Caisse de depot et placement du Quebec, where he led regional strategy across India, China, Japan and Australia.
