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CBRE nabs senior Australia Post executive

Madeline_Dermatossian_Australia_Post_CBREReal estate giant CBRE has appointed senior Australia Post executive Madeline Dermatossian as its chief operating officer for Pacific.

Dermatossian is the current general manager, commercial and operations, at Australia Post, with direct responsibility for managing the day-to-day operations of the business and a substantial national team, including the group’s digital subsidiary.

She will join CBRE in January 2018 and will work with the firm’s Pacific executive committee on the execution of top-level business strategies.

“Appointing an executive of Madeline’s calibre aligns with the continued growth of our Pacific business, which has spurred the need to enhance our leadership infrastructure,” CBRE’s Pacific President & CEO, Ray Pittman, said.

“Madeline is a highly experienced leader with a strong track record of successful business transformation across a diverse range of industries. In her various roles, she has demonstrated excellent stakeholder management skills, proven results in enhancing staff engagement and strong financial acumen in identifying business drivers that enhance revenue and deliver operational excellence.”

Prior to her role at Australia Post – an organisation which presides over a real estate portfolio comprising 4,400 retail outlets – Dermatossian was COO for Defence Housing Australia, a group with tenancy and management of 18,000 properties valued at AU$11 billion. She has also served as managing director and CEO for FuturePlus Financial Services.

Dermatossian holds a Diploma in Law from the University of Sydney, has completed an executive management program at Harvard Business School and has previously acted as General Counsel for FuturePlus and Vice President, Head of Corporate Legal at BT Financial Group. She has also held senior roles with ABN Amro Bank N.V. and Perpetual Trustees Australia.

“I am excited about the opportunity to join CBRE, a global organisation that continues to grow from strength to strength,”  said Dermatossian.

Last week saw Australia Post stamp out its gender pay gap, bringing the company’s average pay difference between men and women to zero per cent.

The reduction is an improvement on the company’s 1.4 per cent difference recorded in 2016 and is far below the national average of 16 per cent.

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