Branded fabric and fashion retailer, Raymond on Monday announced to appoint top executive Harmohan Sahni as new chief executive officer (CEO) for its realty arm. “Raymond Ltd strengthened its executive leadership team with the appointment of Harmohan Sahni as chief executive officer of its realty business. An industry stalwart, Harmohan was till recently the COO of Real Estate business of ECL Finance Ltd (Edelweiss Group) and has enormous experience in executing projects,” Raymond said in a statement.
Sahni, a chartered accountant from the Institute of Chartered Accountants of India, has worked at GCorp Developers and Mahindra Lifespaces in various leadership roles. He began his career with Tata Steel and later worked with JSW Aluminium.
The company’s realty arm holds about 100 acres plus land parcels in Thane city in Maharashtra. The company forayed into the real estate space in 2019 with its maiden project ‘Aspirational District’, which is spread over 14 acres.
According to Gautam Hari Singhania, the Chairman and Managing Director, Raymond, Sahni has joined the company at a critical juncture when Raymond Realty is taking strong strides and is well poised for growth. “Harmohan has taken on challenging roles and demonstrated the ability to imagine and engineer a new future for the real estate sector in India. His entrepreneurial spirit and extensive experience will be pivotal in unleashing Raymond Realty’s future growth plans,” Singhania said.