Dutt quit recently and is expected to join a real estate developer in a senior position, sources said.
DTZ and Cushman got merged last year.
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Jain will assume office with effect from 1st July, 2016. Anshul will be reporting to Cushman & Wakefield’s Chief Executive for Asia Pacific, Stuart Roberts, a release from Cushman said today.
He will be in charge of leading the India business and will work closely with India’s leadership team in leveraging its existing successful platform and building on the continued growth momentum of Cushman & Wakefield’s business across the region, it said. Jain will be based in National Capital Region (NCR).
“India is a key hub and has always played a significant role to our Asia Pacific platform, and will continue to do so as we expand and invest in our business in line with our regional strategic priorities for 2016 and beyond,” said Stuart Roberts, Chief Executive of Asia Pacific, Cushman & Wakefield.
“I am extremely pleased that Anshul will be joining us to lead our business through the next phase of growth for India, and accelerate the great work already underway across all our service lines. He is well known across our client base in Asia Pacific and the UK, as the former Head of DTZ India, and Associate Partner for International Investments for Cushman & Wakefield in London,” said Roberts.
"We look forward to him joining our Asia Pacific team. He is highly regarded across the Indian real estate market as a key industry leader. His rich depth of experience and market insight will benefit Cushman & Wakefield’s clients and employees, both in India and across the region,” Roberts further added.
Jain said: “Cushman and Wakefield is one of the most respected brands around the world. It's my privilege to lead the firm in India which is known for excellence in client service and has some of the country's best talent. I look forward with excitement to work with the team and take the firm to bigger successes in India.”
He has over 20 years of experience in the industry. He has held senior executive positions with Space Matrix, where he was CEO for both India and West Asia.
Anshul holds an MBA from IMD Business School, Switzerland and Masters in Finance from Delhi University.