Sobha Developers appoints Ravi Menon as chairman
Founder Chairman P N C Menon takes over as Chairman Emeritus
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.