Page 100 - SOBHA REALTY PR REPORT - AUGUST 2024

8/28/24, 3:56 PM Ravi Menon Promoted As Chairman of Sobha Group By Sobha Realty - INTLBM
His journey has been transformative, with his leadership and passion for excellence, establishing the company as a revered name in the
industry. As he passes the baton to the next generation, PNC Menon will continue to play an influential role, offering his expertise to guide
the group’s subsidiaries and ensure ongoing growth and stability.

Looking back on Sobha Realty’s legacy, the developer’s top priority in business has always been a steadfast commitment to delivering the
highest quality to its customers worldwide.

Reflecting on this transition, PNC Menon, Founder and Chairman of Sobha Group remarked, “Throughout my tenure as Chairman, I have
been inspired by our exceptional team’s dedication and creativity, which has propelled the company to new heights. I remain committed to
supporting Sobha Realty’s ambitions and am confident that under Ravi Menon and Francis Alfred’s leadership, the company will enter a new
era of progress and innovation.”

Expressing his gratitude, Ravi Menon, Co-Chairman of Sobha Group stated, “I am deeply honored to take on the role of Chairman of Sobha
Group. Under PNC Menon’s remarkable leadership, Sobha Realty has become a leading luxury real estate developer in the region, with
promising expansion plans globally. I am committed to upholding this legacy and advancing it further to make it the most preferred brand for
customers.”
Francis Alfred, Managing Director of Sobha Realty stated: “As we embark on this exciting new chapter for Sobha Realty, I am honored to
work alongside Ravi Menon. His visionary leadership and deep commitment to excellence have been instrumental in shaping the company’s
success. Together, we aim to continue to build on the strong foundation laid by PNC Menon by driving innovation and delivering the highest
standards of quality that our customers expect. I am confident that with Ravi Menon’s guidance, Sobha Realty will reach even greater
heights, further solidifying our position as a global leader in luxury real estate.”

For over two decades, Ravi Menon, a Civil Engineering graduate with Honors from Purdue University, USA, has played a pivotal role in
Sobha Group’s success. Since joining as a Director at Sobha Limited in India in June 2004, he has advanced the company’s strategic vision
and fostered a culture of innovation. His promotion to Vice Chairman in January 2006, followed by his appointment as Chairman of Sobha
Limited in India and later as Co-Chairman of Sobha Group in Dubai, stands as a testament to his visionary leadership and operational
excellence.

Industry sources further confirmed that commencing this latest chapter in Sobha Realty, Ravi Menon will work together with Francis Alfred,
Managing Director of Sobha Realty, to trigger the firm towards even greater achievements. Together, they display a dynamic leadership duo
that integrates Ravi Menon’s strategic vision and decisive leadership with Francis Alfred’s operational excellence and deep expertise in real
estate development.

Source

https://intlbm.com/2024/08/27/ravi-menon-promoted-as-chairman-of-sobha-group-by-sobha-realty/ 2/2