Cushman & Wakefield appoints Sanjay Verma as Asia CEO
Press Trust of India / New Delhi Feb 02, 2010, 15:13 IST
Global realty consultant Cushman & Wakefield today said it has appointed Sanjay Verma as the Chief Executive Officer of Asian operations with effect from January 31.
Verma, who has succeeded Michael W J Thompson, has become the first Asian to hold the position of regional CEO in a leading global real estate consultancy firm, Cushman & Wakefield (C&W) said in a statement.
Prior to his new role, Verma functioned as the Executive Managing Director of the South Asian region. He is also one of the founding members of C&W in India.
"In his new assignment, Sanjay will be responsible for managing and augmenting C&W's regional business, assessing expansion opportunities by way of both organic and acquisition-led growth, increasing the company's market share and enhancing service delivery capabilities," the company said.
He would join the Asia Management Board and would be based at the consultant's Asia Pacific headquarters in Shanghai, it added.
"Sanjay's appointment will further strengthen our regional operations as part of the global firm. It will help us capitalise our market-leading brand position and global expansion opportunities that will drive future growth in this extremely important region," C&W Global Chairman Bruce Mosler said.
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