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Marcus, Munk in New Roles at PGIM RE

With Americas head Kevin R. Smith due to retire from PGIM Real Estate in March, Cathy Marcus and Alfonso Munk have taken on additional duties while retaining their current titles.

By Paul Bubny | Updated on January 04, 2018

Photo of Cathy Marcus Marcus will continue to serve as PGIM Real Estate’s global COO.

NEW YORK CITY—As Americas head Kevin R. Smith prepares to retire from PGIM Real Estate after 36 years, the company has announced a series of new leadership roles for some of its key executives. Twenty-year company veteran Cathy Marcus has become head of PGIM Real Estate’s US business while continuing to serve as global COO, and Americas CIO Alfonso Munk will take on the additional duties of serving as Latin America head.

Both roles were effective at the start of 2018. Smith’s planned retirement this coming March and the succession plans were announced to investors this past May.

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