Page 111 - SOBHA REALTY PR REPORT - AUGUST 2024

8/28/24, 3:57 PM Sobha Realty elevates Ravi Menon as the Chairman of Sobha Group, PNC Menon to continue as the Founder
Palace Maker,' a title that ultimately bestowed upon him and his family the honor of Omani
citizenship, by the late His Majesty Sultan Qaboos bin Said.

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."

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.
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."
With his extensive expertise and deep understanding of the regional real estate market, Ravi

Menon is poised to lead Sobha Realty into its next chapter of success. His strategic vision
and dedication to excellence make him the ideal leader to guide Sobha Realty towards

continued growth and expansion.
Starting this new chapter in Sobha Realty, Ravi Menon will work hand in hand with Francis

Alfred, Managing Director of Sobha Realty, to steer the company toward even greater
achievements. Together, they represent a dynamic leadership duo that combines Ravi
Menon’s strategic vision and decisive leadership with Francis Alfred’s operational excellence

and deep expertise in real estate development.

Francis Alfred, Managing Director of Sobha Realty said: "As we embark on this exciting new
chapter for Sobha Realty, I am honoured to work alongside Ravi Menon. His visionary
leadership and deep commitment to excellence have been instrumental in shaping the

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