Cluttons appoints youngest ever senior partner
Steve Morgan, chief executive officer of Cluttons Middle East, is to become the youngest senior partner in the real estate consultancy’s 250-year history
Steven Morgan, chief executive officer of Cluttons Middle East, is to become the real estate consultancy’s youngest ever senior partner.
At 39 years of age, Morgan will be the youngest senior partner in Cluttons’ 250-year history. He will assume his new responsibilities in April 2016, at the beginning of the firm’s new financial year, and will succeed Bill Siegle.
When Morgan assumed his current position in 2013, Cluttons Middle East turned over AED45.6m. The consultancy expects its Middle East business to achieve revenue in excess of AED80.5m during the 2016/17 financial year.
Commenting on his latest appointment, Morgan said: “I am delighted to have been chosen to take on the mantle from Bill, who leaves us with a firm foundation for taking Cluttons forward. We are in a great position to build upon the business’s outstanding reputation, to continue to grow our successful UK business, our market-leading business in the Middle East, and expand into new markets.
“The partners and I are looking forward to continuing Bill’s excellent work in driving the firm’s development and growth,” he added.
Morgan joined Cluttons in Bahrain as an associate in 2003. He then moved to Dubai, becoming head of office in 2008 and of UAE in 2009. By the time Morgan became Middle East CEO in 2013, he had worked on a selection of high-profile regional projects, including Dubai’s Arabian Canal and Villa Lantana projects.
Siegle will be stepping down after seven years as senior partner and 19 years as an equity partner at Cluttons. Speaking on his successor’s abilities, he noted: “Steven is an exceptional member of the Cluttons team and has contributed significantly to the business’s growth and the development of our international platform.
“His drive for developing the business, along with his experience on the board, means he’s perfectly placed to take Cluttons forward,” Siegle concluded.
Morgan, who is based in Dubai, UAE with his family, will now split his time across the international business, which is active in more than 50 countries.