The new CEO has three decades of industry experience
Centurion Asset Management Inc. is starting the second quarter of 2025 with a leadership transition, naming John McKinlay as its new president and chief executive officer, effective March 31.z
McKinlay brings nearly 30 years of experience in investment management and real estate. He most recently served as CEO of LaSalle Investment Management Canada, where he oversaw $4.2 billion in assets. His career includes leadership roles at Bentall Kennedy, now Bentall GreenOak, and GE Capital Real Estate, with expertise in investment strategy, asset management, and corporate growth. He holds a bachelor’s degree from Boston University and both an MBA and JD from Willamette University.
"I am honoured to fill the role of president and CEO at Centurion," said McKinlay. With an established team in place, he added that he looks forward to applying his experience in private equity and global capital raising to support growth and take advantage of changing market opportunities.
His appointment is part of a series of leadership changes at Centurion. The firm recently brought in Paul Chin as chief investment officer, Ryan Buzzell as executive vice president of joint ventures and mortgages, and Stephen Marshall as executive vice president of property operations. Several internal promotions have also been made during this period.
Meanwhile, Greg Romundt, Centurion’s founder, will transition to executive chairman. He said that with McKinlay taking on CEO responsibilities, he will focus on long-term strategy, investment planning, and market positioning.
"The addition of John and the other strategic hires and promotions Centurion has recently completed will allow me to focus on long-term strategic vision, market positioning, investment strategy and leadership development – ensuring Centurion remains at the forefront of the industry," said Romundt.
Centurion currently manages $7.8 billion in assets across multi-residential, student housing, and medical office properties. Operating in 45 cities across Canada and the US, the firm continues to grow its real estate investment and operations platform with a focus on acquisitions, capital growth, and partnerships.
Romundt added that Canada’s purpose-built multi-family housing sector presents opportunities for expansion.
"With a strengthened leadership team, we are well-positioned to seize these opportunities, drive continued growth, and contribute to addressing Canada's housing supply challenges," he said.
