Zueblin Immobilien Holding AG announced that Dr. Iosif Bakaleynik has informed the Board of Directors about his intention to resign as CEO in order to focus on his mandate as Chairman. This underlines that Züblin has completed its restructuring, and is now in the position to initiate the next strategic phase - the growth of its real estate portfolio. Züblin's NCC, chaired by Dr. Wolfgang Zürcher, will lead the search process. The nomination of a new CEO is expected by the end of the third quarter 2016. Until then, Dr. Iosif Bakaleynik will continue to head Züblin as CEO.