Paul Crowe to succeed David Lamming as Plenary CEO

AUSTRALIA – Chief Investment Officer Paul Crowe will succeed David Lamming as Chief Executive Officer of Plenary, effective 1 July 2025.

Mr Crowe joined Plenary as an Associate in 2005, has become an integral part of the executive team, and has worked closely with Mr Lamming in leading Plenary’s growth and success in recent years.

The change is part of a long-anticipated leadership succession process.

Mr Lamming will remain with the business as a member of the group board, as Chair of Plenary Middle East, and as a board member of the UK and Europe business.

Plenary Chair Paul Oppenheim congratulated Mr Crowe on his appointment and acknowledged the significant contribution Mr Lamming has made as CEO.

“Paul has been at the forefront of Plenary’s growth, having led our origination function and driven our successful expansion into the Middle East and European markets,” Mr Oppenheim said.

“The board has the utmost confidence in Paul and his ability to lead Plenary into the next growth phase and will do everything we can to support that success.

“We also recognise David’s enormous contribution to the business as CEO over the past five and half years.

“David has overseen exceptional growth in Australia and abroad as CEO, and the business has matured significantly as a corporate – making considerable progress in our approach to sustainability and ESG, gender and other diversity and inclusion initiatives, our reconciliation journey with First Nations Australians, and many other areas.”

Mr Crowe said he was embracing the exciting challenge ahead.

“It is an honour to lead this brilliant business into its next phase,” Mr Crowe said.

“The next 12 months, in particular, are likely to be some of the busiest in Plenary’s history with a strong pipeline for the core infrastructure business and property pursuits in all of our markets around the world.

“Our partnership with global investor ADQ has provided significant capital to grow our business in established and new markets across Asia Pacific, the Middle East, the UK and Europe. I look forward to leading the company through the next growth phase.”