Colliers India Appoints Badal Yagnik as CEO Following Ramesh Nair’s Resignation
- ByStartupStory | August 17, 2023
Real estate consultancy firm Colliers India has announced the immediate appointment of Badal Yagnik as its new CEO. Yagnik assumes this role after Ramesh Nair’s resignation from the position in March. Nair had held the CEO position since July 2021.
Currently, Sankey Prasad holds the position of Chairman and Managing Director at Colliers India. In an official statement, Colliers said, “Badal Yagnik has been appointed as chief executive officer, India, effective immediately.” The statement did not mention the earlier stints of Badal Yagnik prior to his joining Collier India as the new CEO. Yagnik’s social media account shows that he was the managing director at Cushman & Wakefield.
Commenting on his appointment, John Kenny, Colliers’ chief executive officer, Asia Pacific, said Yagnik has been credited with establishing robust cross-border teams while creating some of the most profitable businesses in India.
“We are excited to see him put his skills and experience to use, guiding our rapidly growing India business into its next phase,” he added.
Colliers, listed on the Nasdaq, operates as a diversified professional services and investment management company across 66 countries, including India.
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