Pacific Life has promoted T Anthony Premer to senior vice president, real estate investments, effective 1 January 2013.

Premer (pictured) will succeed Michael Robb who will be retiring at the end of the year after a 36-year career with Pacific Life.

Premer joined Pacific Life in 1993 and most recently has been serving as senior vice president, real estate finance. During his tenure with Pacific Life, he has participated in the origination of commercial real estate debt assets exceeding USD22bn, including real estate capital markets transactions exceeding USD10bn.

In his new role, Premer will be responsible for managing the company’s portfolio of real estate debt and equity investments which, together with assets serviced for third parties, totals over USD28bn. As part of this succession, Premer will report to Khanh Tran, Pacific Life’s president.

Premer serves on the advisory board of the UCI Center for Real Estate, is a member of the National Association of Real Estate Investment Trusts, and a member of the Urban Land Institute.

“The wealth of experience that Tony brings to his new role managing Pacific Life’s real estate investments will be a great asset to our company in the years to come,” says Jim Morris, Pacific Life’s chairman and chief executive. “Tony’s proven organisational skills and deep knowledge of the industry, as well as his ability to build relationships, make him ideally suited to this leadership role.”