Anoop Pabby Appointed to Oversee Brookfield RPS business units in India

WOODRIDGE, Ill. & BANGALORE, India -- (BUSINESS WIRE) --

In a strategic expansion that positions it to serve companies and employees in the world's fastest-growing region, Brookfield Global Relocation Services today announced the opening of a major service center in Bangalore, India.

Already one of the world's largest providers of relocation services for corporate and government businesses and their transferring employees, Brookfield Global Relocation Services now also becomes the first global relocation firm to operate a service center in India, a rapidly growing hotspot for international business.

The company also announced that Anoop Pabby will serve as country head, India. Pabby brings 22 years of experience in the Indian insurance and retail financial services industry. He has worked as a founding member and led startup teams in three companies, two in the insurance sector and one in the mortgage industry, where he established those firms' operations in India. Most recently, Pabby served as the Managing Director of Deutsche Postbank Home Finance Ltd.

"The opening of our service center in Bangalore, combined with the proven leadership that Anoop Pabby brings as country head for Brookfield Residential Property Services including Brookfield GRS, positions us perfectly for success in the fastest-growing region in the world," said Rick Schwartz, president of Brookfield Global Relocation Services. "Being in India is a key component of our global strategy for achieving new market growth through both new and existing business opportunities."

Brookfield Global Relocation Services has an established base of business with service centers throughout North America, Europe and Asia.

Schwartz said the company's continuing worldwide expansion will benefit clients by:

• Significantly expanding its ability to meet geographic service delivery interests of new and existing clients;
• Increasing control of the supply chain by being closer to service providers;
• Allowing Brookfield Global Relocation Services to develop expanded business opportunities to service the rapidly growing number of multinational companies, and their employees, in these key, fast-growing regions;
• Bringing new service and product lines to support the growing diversification of mobility requirements.

Bangalore, the third most populated city in India, is the IT capital of the country and is referred to as the "Silicon Valley of India." The capital of the state of Karnataka, Bangalore is home to some of the country's most prestigious colleges and research institutions, as well as a wide range of leading companies in the software, aerospace, telecommunications and defense industries.

About Brookfield Global Relocation Services

Brookfield Global Relocation Services is a leading, full-service outsourcing partner of end-to-end employee relocation, assignment management and mobility consulting services, for multinational organizations. The company serves corporations throughout the world and funds more than $3 billion in relocation-related expenses annually.

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