CB Richard Ellis Real Estate Fund of Funds has appointed Stuart Savidge to its board of directors, replacing Andrew Coleman who has resigned for personal reasons.

Savidge is a chartered accountant and joined CBRE Investors in August last year where he is the finance director of the global multi-manager team.

Previously he worked for Prestbury Investment Holdings where he worked as finance director between July 2007 and July 2008. He also headed up the finance team of the European real estate group at JP Morgan Asset Management from April 2006 to June 2007 and before that was financial controller at Apollo Real Estate Advisors between May 2002 and March 2006.

At CBRE Investors his principal role is to coordinate all financial matters within the global multi-manager team, including financial and investor reporting, the structuring of funds and segregated mandates, and fund administration.

Savidge has held no other directorships or partnerships over the last five years.