The AGM appointed Saba Nazar currently Managing Director and Co-Head of Global Financial Sponsors Group at BoA Securities, as a non-executive member to the Board of Directors. Ms Nazar brings a strong international, financial services and governance background to the Board of Directors. During the conversion of PATRIZIA from an AG to the SE legal structure, Anne Kavanagh, Member of the Management Board responsible for all real estate investments, has decided to accept a new role outside PATRIZIA.

PATRIZIA has planned for a smooth transition with three leaders of PATRIZIA's real estate group - Amal Del Monaco, CEO Asset Management & Development and European Real Estate, Mahdi Mokrane, Global Head of Investment Strategy & Research and Philipp Schaper, CEO European Real Estate - taking on her respective responsibilities in the new Executive Committee.