Page 90 - SOBHA REALTY PR REPORT - AUGUST 2024

8/28/24, 3:51 PM Ravi Menon Becomes Chairman of Sobha Group

Ravi Menon Becomes Chairman of Sobha Group

Former Chairman PNC Menon to continue as the Founder of the real estate major
August 27, 2024 | Staff Reporter | UAE | Developers

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Sobha Realty, a leading real estate developer, is set for a significant leadership transition. PNC Menon, the visionary
Founder and Chairman of Sobha Group, will retire from his active role as Chairmanship, while continuing as the
Founder of Sobha Group. Effective November 18, 2024, Ravi Menon, a distinguished leader with an exceptional
track record as Co-Chairman of Sobha Group, will assume the role of Chairman of the Group.

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 honour of Omani citizenship, by the late His Majesty Sultan Qaboos bin Said.

“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."

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