Mahindra Lifespace Developers Limited Announces Redesignation of Vimalendra Singh as `Chief Business Officer Residential', Categorised as Senior Management Personnel, with Effect from April 1, 2024
March 05, 2024 at 04:50 am EST
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Mahindra Lifespace Developers Limited announced that basis recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company have viz. 5th March 2024 approved re-designation of Mr. Vimalendra Singh to `Chief Business Officer Residential', categorised as Senior Management Personnel, with effect from 1st April 2024. Based on the recommendation of the Nomination and Remuneration Committee, the
Board of Directors of the Company have vide resolution passed i.e. 5th March 2024, approved re-designation of Mr. Vimalendra Singh as Chief Business Officer Residential, Senior Management Personnel of the Company
with effect from 1st April 2024. Mr. Vimalendra Singh started his career as a management associate with Citibank in the Retail Banking segment. He worked across all functions of retail banking during his 12 years in banking. He was selected for the management development program in Citibank, New York, USA. He helped launch EMV credit & debit cards for Citibank Bahrain. He also introduced the completely variable DSA model in Citibank Bahrain business. He was also Director & Regional Head of Preferred Banking during his stint with SCB and managed the segment across Bahrain, Qatar, Oman, Jordon and Lebanon. He eventually led Retail Banking for Bank of Bahrain & Kuwait (BBK) for their India business. While in BBK, he led the growth of branch distribution, launched mortgages and the insurance business, and helped grow their retail assets and NRI business. After more than 12 years in banking, Mr. Vimalendra Singh moved to the real estate sector with a stint in Lodha group as Market Head for their luxury portfolio. Mr. Vimalendra Singh holds an MBA from the Indian Institute of Management, Ahmedabad and a B.E. from VJTI, Mumbai University.
Mahindra Lifespace Developers Limited is an India-based real estate development company. The Company is engaged in developing residential projects in the premium and value housing segments, as well as integrated cities and industrial clusters. Its segments include Projects, Project Management and Development, and Operating of Commercial Complexes. Projects, Project Management & Development segment of the business includes income from sale of residential units across projects, project management and development in India. Operating of Commercial Complexes segment of the business includes rental income from commercial properties at Delhi. Its projects include Roots, Vicino, Alcove, Meridian, Happinest Palghar 1, Happinest Palghar 2, Happinest Kalyan 1, Happinest Kalyan 2, Centralis, Happinest Tathawade, Bloomdale, Luminare, Aqualily, Lakewoods, Happinest Avadi, Happinest MWC and others.
Mahindra Lifespace Developers Limited Announces Redesignation of Vimalendra Singh as `Chief Business Officer Residential', Categorised as Senior Management Personnel, with Effect from April 1, 2024