Iain Vasey, executive director of business development at the Baton Rouge Area Chamber, will become president and chief executive officer of the Corpus Christi Regional Economic Development Corp. next month.
Vasey confirmed his selection for the Texas job Wednesday and said he will begin his new duties in early March.
“On behalf of BRAC’s board and the business community, we congratulate Iain on his new role,” said Adam Knapp, president and chief executive officer of the Baton Rouge chamber. “He possesses great instincts for the work — particularly in assessing viability of prospective deals. During his tenure at BRAC, he contributed significantly to the Capital Region’s growth.”
“It’s a great opportunity,” Vasey said of his new post leading economic development efforts in one of Texas’ Gulf port cities. “These kinds of things don’t come along very often.”
Vasey said the move is bittersweet, though, because, “It’s been a pleasure to work here in Baton Rouge the past five years with one of the best economic development teams I’ve seen in the South.”
At BRAC, Knapp noted, “We’ve enjoyed some very successful years while he has been with us. It’s been a team approach, too, and he has helped us build our bench depth among BRAC’s business development team. So, we foresee continued success from the team who have been making it happen for years.”
Vasey said he wasn’t looking for a new job when he was approached by a headhunter searching for potential candidates for the post in Corpus Christi.
“I’m so honored to have this opportunity,” Vasey said.
Vasey originally is from England and graduated from that country’s University of Hull. He later earned a master’s degree from Iowa State University. He also holds the designation of certified economic developer from the International Economic Development Council.
As a past vice president at both the Grubb & Ellis and Trammell Crow commercial real estate companies, Vasey assisted major corporations with site selection, development strategies and disposition of corporate assets.
Vasey also served as economic development director for Glendale, Arizona, and business development director for Las Vegas, Nevada, before coming to Baton Rouge.