Page 136 - SOBHA REALTY PR REPORT - AUGUST 2024

8/27/24, 10:47 AM Sobha Realty elevates Ravi Menon as the Chairman of Sobha Group, PNC Menon to continue as the Founder

PNC Menon, the Forbes listed billionaire, began his journey with humble origins in India. His pursuit of
excellence led him to Oman, where he earned the distinguished reputation as 'The 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

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