New Forests Appoints From Within for New Chief Executive Officer
Global investment manager of nature-based real assets and natural capital strategies New Forests, announced the appointment of Mark Rogers to the role of Chief Executive Officer, replacing David Brand who will take on a new role as Chair of New Forests.
Rogers joined New Forests in 2016 as Managing Director, Australia, New Zealand and took on the additional responsibility for the United States as Senior Managing Director in 2019, overseeing the investments and business lines in those regions managing teams across acquisitions, operations and investment analytics.
During his time at New Forests, he has overseen strong investment performance and assets under management have grown from approximately A$3 billion to almost A$10 billion today.
Prior to New Forests, Rogers held senior leadership roles across other real asset companies where he was responsible for businesses and teams including acquisitions, distribution, project development and finance.
Rogers will commence his new role on 3 April 2023, while working closely with Brand over the first quarter of 2023 to ensure a smooth transition.
In addition to Brand’s changed role as Chair, he will work on strategic growth opportunities for New Forests, looking at new markets and new opportunities for the business in support of New Forests senior executive team. He will continue to chair New Forests’ investment committees and remain as Chair of New Forests until June 2025.
Commenting on the appointment David Brand said, “Mark is a proven, strategic leader who has a deep understanding of our business, our culture and our vision, making him the ideal candidate to lead New Forests into its next stage of growth. He has demonstrated an outstanding track record across our Australia, New Zealand and United States businesses with a vision to see investment in land use and forestry as key to the transition to a sustainable future.”
New Forests is a global investment manager of nature-based real assets and natural capital strategies, with AUD 9.95 billion (USD 6.85 billion) in assets under management across more than 1.1 million hectares (2.9 million acres) of investments.
The asset manager manages a diversified portfolio of sustainable timber plantations and conservation areas, carbon and conservation finance projects, agriculture, timber processing and infrastructure.
Headquartered in Sydney, New Forests is a Certified B Corp and operates in Australia, New Zealand, Southeast Asia, Africa and the United States.
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