Colliers Elevates Sankey Prasad to CMD India and CMD for Colliers Project Leaders Middle East

Jan 24, 2024 - 11:48
Jan 24, 2024 - 11:49
 0
Colliers Elevates Sankey Prasad to CMD India and CMD for Colliers Project Leaders Middle East
Colliers Appoints Sankey Prasad as CMD India and Middle East, Expanding Leadership for Real Estate Growth

Colliers, the global professional services and investment management company, has announced the appointment of Sankey Prasad as Chairman and Managing Director (CMD) for India and CMD for Colliers Project Leaders Middle East. In this expanded leadership role, effective immediately, Prasad will play a key role in capitalizing on the growing potential of the real estate market in the Middle East.

Key Highlights:

  • Sankey Prasad takes on an expanded role as CMD for India and CMD for Colliers Project Leaders Middle East.
  • The move is aimed at harnessing the burgeoning opportunities in the Middle East real estate market.
  • Prasad will also acquire a significant stake in Colliers' rapidly growing project management business in the Middle East.
  • His leadership will strengthen Colliers' position in India and deepen its capabilities in the Middle East.
  • John Kenny, Colliers’ CEO, Asia Pacific, emphasizes the strategic importance of Prasad's expanded role.

John Kenny said “The expansion of Sankey’s role to incorporate project leaders operations in the Middle East deepens Colliers’ capabilities, qualifications and relationships in both India and the Middle East to better serve our clients across the region."

Sankey Prasad's Vision: "I am deeply honored to have been given the incredible opportunity to lead Colliers in India and Project Leaders Middle East."

Prasad's Accomplishments:

  • With nearly four decades of real estate experience, Prasad has successfully driven strategy and growth.
  • He is known for building high-performing teams that have executed complex projects across India, Middle East, Africa, and South Asia.
  • Under Prasad's leadership, Colliers in India achieved 30% year-over-year growth in four years, delivering over 130 million sq ft of real estate development.

Future Collaboration:

  • Prasad will collaborate with Yamin Shihab, Vice President, Project Leaders Middle East, to enhance Colliers' brand reach and service delivery for clients' capital projects.
  • He will continue overseeing the growth of Colliers' India business, working alongside CEO Badal Yagnik, who will lead day-to-day operations.

Sankey Prasad's expanded role signifies Colliers' commitment to enhancing its presence in the Middle East and India, leveraging his expertise to drive growth and deliver exceptional results in the dynamic real estate markets of both regions.

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