GE Real Estate, the commercial property arm of the financial services and industrial conglomerate General Electric, has named a new head of its international operations covering Europe and Asia, in the second high-profile reshuffle the company has made this week.

Mark Hutchinson, formerly president of GERE's Asia-Pacific business, will take on greater responsibility for managing the firm's debt and equity originations, asset management and net profit performance across its operations in Europe and Asia.