Savills is pleased to announce that Mr Raymond Lee, currently the CEO of Hong Kong and Macau, has been promoted to CEO of Greater China, effective 1 January 2011. Raymond has also been appointed to be a member of the Group Executive Board (GEB) which is responsible for formulating strategy for the Savills Group globally.
Raymond brings a wealth of over 25 years of experience in property with over 22 years at Savills, holding a senior management position. He is a Fellow of the Hong Kong Institute of Directors and holds an honorary fellowship at the Quangxi Academy of Social Sciences. Before the promotion, Raymond oversaw over 1,500 employees of Savills Hong Kong and Macau offices.
Raymond’s promotion is to replace Randall Hall, currently the CEO of Greater China and Co-Head of China Investment, who has devoted 18 years to Savills. Under Randall’s leadership, Savills China has grown tremendously and has proved an outstanding success story over the past ten years. Randall will leave Savills to pursue his educational career.
Robert McKellar, CEO of Savills Asia Pacific, congratulated Raymond on his promotion , saying “Raymond brings a huge amount of experience to Savills and has been involved in a number of high-profile transactions in Hong Kong and Macau with over HK$21 billion of sales in 2010. Raymond is clearly held in high regard by his clients and we are delighted to see him combine those attributes with his quality of work and relentless work ethic to lead the team in key markets for businesses across the region.”
Commenting on his move, Raymond Lee, CEO of Hong Kong and Macau said “I am delighted to be overseeing China and Taiwan, together with Hong Kong and Macau. In my new position, I will focus on bringing the mechanisms used in Hong Kong to China’s market and, while seeing China continue to boom in the next ten years, we aim to double sales growth in the next five years. I am looking forward to working with China and Taiwan’s key client base and leveraging our market position to expand the size and scope of our services in the market.”