MISSISSAUGA, ON,
March 26,
2024 /CNW/
- Morguard Corporation (TSX: MRC) is pleased to
announce that Angela Sahi, CPA, has
been appointed as its President and Chief Operating Officer,
effective immediately. In this new role, Angela will oversee the
company's operations and drive strategic initiatives aimed at
enhancing Morguard's market position and delivering value to its
stakeholders.
Angela most recently held the position of Executive Vice
President, Residential, Office and Industrial. Angela has extensive
real estate, mergers and acquisitions, governance, and risk
experience in both Canada and the
US, achieved through her time with Morguard and previously with a
large public accounting firm.
"I would like to congratulate Angela on her well-deserved
promotion to President and COO. Since assuming the role of
Executive Vice President, and in her previous roles, she has been a
key contributor to Morguard's leadership team, her strategic
insights and expertise have been instrumental in shaping our
success. I am confident in her abilities to lead our operations on
a path of continued growth and achievement", said Rai Sahi, who continues as Chairman and CEO of
Morguard.
The Board of Directors extends its congratulations to Angela on
her appointment. "Angela's experience and proven leadership make
her the perfect fit for this role. We have full confidence in her
ability to drive Morguard forward and achieve our strategic
objectives."
"I am deeply honoured and excited to take on the role of
President and COO at Morguard", said Angela
Sahi. "I am grateful for the trust and support of the Board
of Directors, and I am committed to leading Morguard toward
continued growth and success. Together with our talented team, I
look forward to capitalizing on new opportunities and delivering
reliable performance to our investors, tenants, and partners.
Angela's appointment underscores Morguard's commitment to
excellence and strategic leadership in the real estate sector. With
her proven track record and visionary approach, Morguard is
well-positioned to continue to navigate the evolving real estate
landscape and to drive sustainable growth.
About Morguard
Corporation
Morguard Corporation is a major North American real estate and
property management company. It has extensive retail, office,
industrial, and residential holdings owned directly and through its
investment in Morguard Real Estate Investment Trust and Morguard
North American Residential REIT. Morguard also provides real estate
management services to institutional and other investors.
Morguard's owned and managed portfolio of assets is valued
at $17.9 billion.
Please visit www.morguard.com or follow us
on LinkedIn
SOURCE Morguard Corporation