Timbercreek Asset Management announced that David Melo, current Managing Director of Finance for Timbercreek Asset Management, has been appointed to the role of President, Timbercreek Communities, the division responsible for the operations of the Canadian multi-residential properties held in Timbercreek-managed portfolios.

David Melo joined Timbercreek in 2004 and has more than 15 years of experience in financial and taxation reporting, treasury and corporate financing. During his time at Timbercreek, Mr. Melo has had an extensive role developing the financial infrastructure on which the business is built and has been integrally involved in advancing technology solutions for Timbercreek Communities, which is a critical component within institutional property management.

“David has been a key contributor to Timbercreek’s growth over the past decade in his role as Managing Director, Finance,” states Blair Tamblyn, Managing Director & CEO of Timbercreek Asset Management. “David’s hands-on involvement in growing Timbercreek’s multi-residential management business makes his transition to the role as President of Timbercreek Communities a natural one. The Timbercreek Communities team will benefit from his knowledge and passion for this business.”

In addition to the David Melo new appointment, Timbercreek recently announced that Gigi Wong is joining the company as Chief Financial Officer, effective June 14.