Ravi Menon, co-chairman of Dubai-based Sobha Group, will assume the role of chairman of the Group effective November 18, 2024, the company said in a statement on August 26. PNC Menon, the founder and chairman of Sobha Group, will retire from his active role of chairmanship, while continuing as the founder of the Group, the statement added. Also Read: Sobha Limited to develop a 26-acre row housing project in Bengaluru with a revenue potential of around ₹ 2700 crore 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, the statement said.
“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,” said PNC Menon, founder and chairman of Sobha Group. Also Read: Sobha Ltd hits it off in Delhi-NCR; Gurugram star performer in Q1 FY25 Ravi Menon, a civil engineering graduate with honors from Purdue University, USA, joined Sobha Limited as a director in June 2004. He was then promoted as 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.
The new leadership Ravi Menon, co-chairman of Sobha Group, said: “I am deeply honored to take on the role of chairman of Sobha Group. Under PNC Menon’s remarkable lead.