Northwire Canada EditionTuesday, July 14, 2026
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Management

Morguard Announces CEO Transition, Appointing Angela Sahi President and Chief Executive Officer and Naming K. Rai Sahi Executive Chair

MRC · Price

Executive Summary

  • Angela Sahi is appointed President and Chief Executive Officer of Morguard Corporation and its affiliated REITs, effective immediately.
  • K. Rai Sahi moves from CEO to Executive Chair, continuing his involvement in the company’s strategic direction.
  • The transition is part of a planned succession strategy for a firm that manages C$19.0 billion in assets.

Key Details

  • New CEO: Angela Sahi – previously President and COO of Morguard Corporation.
  • Executive Chair: K. Rai Sahi – former CEO and Chairman, now assumes Executive Chair role.
  • Effective Date: Immediate (Nov. 12, 2025).
  • Company Scope: Morguard’s platform includes C$19.0 billion in owned and managed assets across office, industrial, retail, multi‑suite residential, and hotel properties.
  • Strategic Context: The leadership change follows a 50‑year legacy and is described as the next phase of a planned succession process.

Notable Quotes

“Angela's leadership has been instrumental in shaping Morguard's strategy and driving operational excellence across the group of companies,” – K. Rai Sahi, Executive Chair.

“It is an honour to lead Morguard into its next chapter,” – Angela Sahi, President & CEO.

Read the original news release →

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