Colliers announced that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East. Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East. He will also take a significant stake in Colliers' rapidly growing Project Management business in the Middle East, supporting the region's flourishing real estate market in collaboration with Colliers' existing real estate service business in the Middle East and North Africa (MENA) region.

Mr. Prasad is an eminent leader in the real estate industry in India. He founded India's large project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals. In his expanded role, Mr. Prasad will collaborate closely with Yamin Shihab, Vice President, Project Leaders Middle East, to support the expansion of Colliers' brand reach and service delivery for clients' capital projects.

He will also continue to oversee the impressive growth of Colliers' India business alongside CEO Badal Yagnik, who will continue to lead day-to-day operations and build scale for the India business. With close to four decades of real estate experience, Mr. Prasad has a reputation for driving strategy and growth, and creating high-performing teams that have delivered some of the most complex and challenging projects for investors, developers and occupiers of real estate. Under his leadership in India, Colliers has diversified into new markets; developed cutting-edge technologies; expanded its range of services; delivered more than 130 million sqft of real estate development spanning India, Middle East, Africa and South Asia; and achieved 30% YOY growth in four years.