Colliers Appoints Badal Yagnik as CEO Following Ramesh Nair’s Resignation

Collier International, a global real estate services company, has appointed Badal Yagnik as its new CEO for India. Yagnik will take over from Ramesh Nair, who has resigned to join Cushman & Wakefield as its CEO for Asia Pacific.

Yagnik has over 25 years of experience in the real estate industry. He has held senior positions at Colliers, including CEO for South Asia and Managing Director for India. He is a member of the board of directors of the National Real Estate Development Council (NAREDCO) and the Confederation of Indian Industry (CII).

In a statement, Colliers said that Yagnik is a “proven leader” with a “deep understanding of the Indian real estate market.” The company said that he is “the right person to lead Colliers India into its next phase of growth.”

Yagnik said that he is “excited to take on this new role” and that he is “committed to building on Colliers’ strong foundation in India.” He said that he plans to focus on “expanding the company’s reach, growing its client base, and developing new products and services.”

Nair’s resignation is a major loss for Colliers. He was a highly respected leader in the real estate industry and had been with the company for over 20 years. His departure is likely to have a significant impact on Colliers’ business in India.

However, Colliers’ appointment of Yagnik is a positive move. Yagnik is a well-respected figure in the industry and has a strong track record of success. He is likely to be able to maintain Colliers’ strong position in India and lead the company to further growth.