BUSINESS

GLP Names Veteran Angela Zhao First China CEO to Drive Strategic Shift

Published: Jan. 15, 2026 3:36 a.m. GMT+8

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Angela Zhao

GLP Pte. Ltd. has named longtime executive Angela Zhao as the first CEO of its China operations, establishing a unified leadership role to oversee the logistics firm’s sprawling businesses in its largest market.

Zhao, who previously led GLP’s logistics and industrial infrastructure division, will take charge of a broader portfolio that includes logistics, data centers, renewable energy, and fund management across Greater China. She will report directly to co-founder and global CEO Ming Mei.

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Angela Zhao was appointed as GLP China’s first CEO, overseeing logistics, data centers, renewable energy, and fund management.
GLP is expanding into digital and green infrastructure after selling its international capital business for $5.2 billion and faces a 15.24% vacancy rate by mid-2025.
Zhao, a 20-year company veteran, previously managed 50 million sq m of properties and led new science park ventures.

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Who’s Who

GLP Pte. Ltd.: GLP Pte. Ltd. has appointed Angela Zhao as the first CEO of its China operations, overseeing logistics, data centers, renewable energy, and fund management. This move follows the sale of its international capital business in 2025, allowing GLP to focus on its largest market despite an challenging logistics real estate sector in China. GLP is expanding into "new economy" infrastructure, including digital and green energy, with significant investment from the Abu Dhabi Investment Authority and Zhejiang province.

Ares Management Corp.: Ares Management Corp. acquired GLP's international capital business in 2025 for $5.2 billion. This transaction spurred GLP to refocus its strategy on the Chinese market. It is a US-based company.

Abu Dhabi Investment Authority: In August, a subsidiary of the Abu Dhabi Investment Authority (ADIA) provided $1.5 billion in funding to GLP. This investment is earmarked for scaling up GLP's ventures in supply chains, digital infrastructure, and green energy within China.

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What Happened When

2025：: GLP completed the $5.2 billion sale of its international capital business to Ares Management Corp.

By mid-2025：: Vacancy rates across 41 major Chinese cities hit 15.24%, with average monthly rents slipping to 23.18 yuan ($3.30) per square meter.

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