Ex-Xiaomi India head Manu Kumar Jain has joined Abu Dhabi-based G42 as its India CEO, while Manulife Investment Management has named Kenny Lam as the chief investment officer and head of transactions, Asia Pacific Real Estate.
Ex-Xiaomi India head Manu Jain joins Abu Dhabi’s G42
Manu Kumar Jain, the former India head of Chinese smartphone maker Xiaomi, has joined Abu Dhabi-based artificial intelligence (AI) firm G42 as its India CEO to expand its presence in the country.
“Together, we will innovate, disrupt, and drive forward the frontiers of artificial intelligence,” Jain, who left Xiaomi after serving for nine years in January 2023, said in a LinkedIn post.
“Leading us into this new chapter of G42’s growth story is Manu Kumar Jain, a name synonymous with transformative leadership and ground-breaking success in the consumer technology sector,” G42 said in a social media post.
Manulife IM names Kenny Lam as CIO, APAC Real Estate
Manulife Investment Management said it has named Kenny Lam as the chief investment officer and head of transactions, Asia Pacific Real Estate, effective October 4, 2023.
In his new role, Lam will be responsible for expanding the team’s geographical footprint in Asia Pacific, managing Manulife Investment Management’s real estate portfolio and identifying and investing in new real estate investment opportunities, the firm said.
Lam first joined Manulife Investment Management in 2017 as head of Asia Real Estate Investments, after which he took on the role of chief investment officer (strategic investment) at Link REIT in 2022.
During his previous tenure at Manulife Investment Management, Lam led the team in making key transactions across Asia Pacific, including the establishment of a joint venture with Kenedix in 2022 to pursue multifamily assets in Japan; the joint acquisition of an 11-hectare logistics facility in Greater Ho Chi Minh City in Vietnam with LOGOS in 2022; the purchase of 39 Martin Place Sydney in Australia in partnership with Investa Commercial Property Fund in 2021; and the acquisition of Cityplaza One in Hong Kong together with a consortium of investors in 2020.