Ravi Menon was appointed Chairman of Sobha Developers by the real estate company's board of directors at their meeting here today.
The board has appointed the founder Chairman P N C Menon as Chairman Emeritus of the company.
As part of the succession planning, P N C Menon, who has led the company for 17 years, has expressed his desire to be relieved of the day-to-day responsibilities of running the company and the board has reluctantly decided to accede to his request, it said in a statement.
Ravi Menon, 31, currently the co-chairman, graduated with distinction in civil engineering from Purdue University, US, it added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
