The Caisse de dépôt et placement du Québec is appointing Rana Ghorayeb as executive vice-president and head of real estate, effective April 29, 2024.

She’ll oversee the overall Ivanhoé Cambridge portfolio and investment team, which has assets of over $77 billion. Ghorayeb joined the Caisse in 2012 and previously served as president and chief executive officer of Otéra Capital, one of its real estate subsidiaries, for nearly five years. In January, the investment organization announced it will integrate Ivanhoé Cambridge with Otéra Capital.

Read: Caisse appointing N. Venkatram to lead India unit

“With over 25 years of experience in investing, including 20 years in real estate, both locally and internationally, Rana has a real passion for projects and assets that have a positive impact on people’s lives,” said Charles Emond, president and chief executive officer at the Caisse, in a press release. “Her appointment to head the Ivanhoé Cambridge portfolio will enable her to combine her extensive investment knowledge with her top-tier managerial skills.”

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