PICA Group CEO, Greg Haywood, today announced his retirement following 14 years with the company.
Current PICA Group Chairman, Greg Nash, will replace Mr Haywood as PICA Group CEO and Managing Director from 1 September 2015.
As PICA Group CEO and Managing Director, Mr Haywood transformed the company into Australia's market leader, providing strata and community title management services to more than 11,300 buildings, 206,000 lots and employing a team of 630 people.
Mr Haywood said his time at PICA Group has been the most rewarding of his professional career.
"I have had a wonderful time at PICA, but the time is right to take a step back and allow Greg Nash to take over the reins," Mr Haywood said.
"There has been many changes over the past 14 years and I'm especially proud of the growth and success we have achieved during this period.
"I'd also like to thank my staff and colleagues, many of whom have become great friends. They have helped make PICA Group the great and rewarding company it is today," Mr Haywood said.
Mr Haywood will remain on the PICA Group Board and take up a part-time strategic advisor role, focusing on growth opportunities for the business.
Mr Nash, a former Managing Director and CEO of First Data Corporation, said he is looking forward to the challenge of running the nation's leading strata and community title management market company.
"I have big shoes to fill, but I'm excited by the opportunity," Mr Nash said.
"I hope to bring a tremendous amount of passion and energy into the role and identify new growth opportunities so PICA Group continues to prosper."
Mr Nash has also previously held senior positions with Standard Chartered Bank and Elders Group.
About PICA Group
Established over 50 years ago, Prudential Investment Company of Australia Pty Limited (PICA) Group is an Australian national property services company that remains one of the most reputable and financially stable companies in Australia.
PICA is a diverse group which has many interests in a wide range of businesses, its core being strata and community title management industry in which it is the market leader. Our other subsidiary companies include Kemps Petersons Receivables Pty Ltd., in debt recovery & receivables management and Assured Building Management Pty Ltd., in facility management.
PICA Group now has over 630 staff, 29 branch offices and a portfolio of 200,000 lots across 10,500 strata schemes across property types that include residential, commercial, resorts, and mixed use. As a market leader, PICA is at the forefront of change and we intend to offer our clients higher quality solutions going forward to better serve their unique needs.
PICA always strives to create an exciting work environment, committed to nurturing and encouraging people development. PICA is fortunate to have strong global partners to assist in continued growth and acquisitions, maintaining financial stability and developing significant advances in technology.
PICA Group and its companies are jointly owned by FEXCO and Nippon Kanzai Co., Ltd.