Page 88 - SOBHA REALTY PR REPORT - AUGUST 2024

8/28/24, 3:51 PM Dubai real estate: Sobha Realty announces leadership transition - CW Property Middle East

A legacy of excellence

A new era of leadership

Future plans of Sobha Realty

A legacy of excellence

With a consolidated presence across the UAE, India, and the UK , the company
stands at the forefront of the real estate sector, continuously setting new standards

for luxury and sophistication.

Exclusively talking to the press on the eve of the announcement, PNC Menon
shared, “ 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
conf ident that under Ravi Menon and Francis Alfred’s leadership, the company will

enter a new era of progress and innovation.” He also hinted at Sobha Realty’s plans
for venturing into the jewellery market, indicating a bold direction for the company.

A new era of leadership

Ravi Menon, Co-Chairman of Sobha Group, has played a pivotal role in Sobha
Group’s success for over two decades and brings a wealth of experience. His
strategic vision and commitment to innovation quickly propelled him to Vice
Chairman in January 2006, and later as Chairman of Sobha Limited in India and Co-
Chairman of Sobha Group in Dubai.

Expressing his gratitude, Ravi Menon, Co-Chairman of Sobha Group, “Under PNC
Menon’s 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.”

As Ravi Menon embarks on this new journey, he will collaborate closely with
Francis Alfred, the Managing Director of Sobha Realty, to drive the company
towards further success.

Alfred commenting on the transition, said, “ Together, we aim to continue to build on
the strong foundation laid by PNC Menon by driving innovation and delivering the
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