LOS ANGELES--(BUSINESS WIRE)--Nov. 16, 2017--
CBRE Group, Inc. (NYSE:CBG) today announced that Sanjiv Yajnik,
President of Capital One Financial Services, has joined the company’s
Board of Directors.
“We are pleased to welcome Mr. Yajnik to CBRE,” said Ray Wirta, the
company’s Chairman of the Board. “We will benefit greatly from his broad
business background and, in particular, his experience in leading the
transformation of a large, service-oriented global organization through
technology enablement. His experience makes Sanjiv a great addition to
Since 2009, Mr. Yajnik has served as President of Capital One Financial
Services, a Division of Capital One. Mr. Yajnik is also President and
Director of Capital One National Association, one of Capital One’s two
national bank subsidiaries, and serves on Capital One’s Executive
Committee. In addition, Mr. Yajnik oversees Capital One’s community
relations throughout Texas, Oklahoma and Louisiana as President of the
company’s South Central Region. Since joining Capital One in 1998, he
has held a number of senior leadership positions in Europe, Canada and
the United States. Prior to Capital One, he held leadership positions at
PepsiCo and Circuit City and was a Chief Engineer for Mobil Oil
Corporation’s shipping business.
Mr. Yajnik also serves on several Boards. In November 2015, he was
appointed by Texas Governor Greg Abbott to be Chairman of the Texas
Economic Development Corporation. He is also the Chairman of the Dallas
Symphony Association, and leads the Board of Governors in overseeing the
direction and governance for the Dallas Symphony Orchestra.
“I am very excited to join CBRE’s Board,” Mr. Yajnik said. “CBRE is the
clear leader in its sector and has a strong track record of growth. I
look forward to working with my fellow Directors to help create
additional value for our shareholders and great outcomes for all our
Mr. Yajnik received an MBA with honors from the University of Western
Ontario, Canada, and completed the Executive Management Program at
Stanford University. He is a medalist Chartered Engineer (I), and
graduated with distinction from the Marine Engineering Research
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company
headquartered in Los Angeles, is the world’s largest commercial real
estate services and investment firm (based on 2016 revenue). The company
has more than 75,000 employees (excluding affiliates), and serves real
estate investors and occupiers through approximately 450 offices
(excluding affiliates) worldwide. CBRE offers a broad range of
integrated services, including facilities, transaction and project
management; property management; investment management; appraisal and
valuation; property leasing; strategic consulting; property sales;
mortgage services and development services. Please visit our website at www.cbre.com.
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Source: CBRE Group, Inc.
CBRE Group, Inc.
Steve Iaco, 212.984.6535
Brad Burke, 215.921.7436