+
Colliers appoints Badal Yagnik as new CEO in India
ECONOMY & POLICY

Colliers appoints Badal Yagnik as new CEO in India

Leading diversified professional services and investment management firm Colliers announced that Badal Yagnik has been appointed as Chief Executive Officer, India, effective immediately.

Based in Gurgaon, Yagnik will collaborate closely with Sankey Prasad, Colliers’ Chairman & Managing Director, India, to drive further growth and profitability for the firm.

“As one of the most well-known industry leaders in the real estate sector in India, Badal has accelerated the success of his clients to deliver some of the most successful real estate projects of impeccable quality,” John Kenny, Colliers’ Chief Executive Officer, Asia Pacific, said. “An exceptional leader and real estate industry veteran, he has been credited with establishing robust cross-border teams while creating some of the most profitable businesses in India. We are excited to see him put his skills and experience to use, guiding our rapidly growing India business into its next phase.”

Sankey Prasad, Chairman & Managing Director of India, added: “I welcome Badal to the Colliers team and look forward to collaborating with him to drive exceptional results for our clients and people. For close to three decades, he has been devising successful end-to-end real estate strategies for key corporate occupiers and developers. Badal has represented numerous corporations and professional service firms at local, regional, national, and international levels, successfully executing some of the most complex and marquee transactions in the industry.

“I am confident that Badal will drive stellar growth for the organization with his exceptional capabilities. He has a strong track record of leading teams to deliver high value and supporting clients in achieving their business goals. With cutting-edge market expertise and remarkable strategic proficiencies, he will undoubtedly lead the industry into the future.”

Colliers India has grown exponentially in the last four years and continues to be the fastest-growing real estate services firm in India, attracting top-quality talent and diversifying into emerging markets.

Badal Yagnik, Chief Executive Officer, Colliers India, added: “Colliers' growth in India has been remarkable, and in the past four years, the firm has transformed its business by building scale, expanding capabilities and strengthening client relationships and partnerships. This is an incredible time for the Indian real estate industry, as our country is poised to deliver higher growth to the global economy. Colliers is well-positioned to enhance its market leadership further and I am excited to be part of the firm's growth story. I look forward to collaborating with Sankey and the leadership team to unlock the company's significant potential for our clients, people, and other stakeholders.”

Leading diversified professional services and investment management firm Colliers announced that Badal Yagnik has been appointed as Chief Executive Officer, India, effective immediately.Based in Gurgaon, Yagnik will collaborate closely with Sankey Prasad, Colliers’ Chairman & Managing Director, India, to drive further growth and profitability for the firm.“As one of the most well-known industry leaders in the real estate sector in India, Badal has accelerated the success of his clients to deliver some of the most successful real estate projects of impeccable quality,” John Kenny, Colliers’ Chief Executive Officer, Asia Pacific, said. “An exceptional leader and real estate industry veteran, he has been credited with establishing robust cross-border teams while creating some of the most profitable businesses in India. We are excited to see him put his skills and experience to use, guiding our rapidly growing India business into its next phase.”Sankey Prasad, Chairman & Managing Director of India, added: “I welcome Badal to the Colliers team and look forward to collaborating with him to drive exceptional results for our clients and people. For close to three decades, he has been devising successful end-to-end real estate strategies for key corporate occupiers and developers. Badal has represented numerous corporations and professional service firms at local, regional, national, and international levels, successfully executing some of the most complex and marquee transactions in the industry.“I am confident that Badal will drive stellar growth for the organization with his exceptional capabilities. He has a strong track record of leading teams to deliver high value and supporting clients in achieving their business goals. With cutting-edge market expertise and remarkable strategic proficiencies, he will undoubtedly lead the industry into the future.”Colliers India has grown exponentially in the last four years and continues to be the fastest-growing real estate services firm in India, attracting top-quality talent and diversifying into emerging markets.Badal Yagnik, Chief Executive Officer, Colliers India, added: “Colliers' growth in India has been remarkable, and in the past four years, the firm has transformed its business by building scale, expanding capabilities and strengthening client relationships and partnerships. This is an incredible time for the Indian real estate industry, as our country is poised to deliver higher growth to the global economy. Colliers is well-positioned to enhance its market leadership further and I am excited to be part of the firm's growth story. I look forward to collaborating with Sankey and the leadership team to unlock the company's significant potential for our clients, people, and other stakeholders.”

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?