Pirojsha Godrej, 30, the youngest child and only son of Parameswar and Adi Godrej
, is set to assume leadership role at the $ 3.4- billion Godrej group's real estate division Godrej Properties Ltd (GPL), thus joining scions of other business families moving into the driver's seat.
He is now in the elite group of Aditya Laxmi Mittal, Jeh Nusli Wadia, Dheeraj Gopichand Hinduja and Prashant Shashi Ruia among others who would one day become chairmen of their business empires
Pirojsha has been appointed managing director (MD) and chief executive officer (CEO) of Godrej Properties Ltd
and will take over from April 1, 2012.
Currently, he is executive director of GPL. Incidentally, the group's founder was named Pirojsha Godrej.
Shy, jovial but very sharp at identifying business opportunities, Pirojsha has been actively involved in the strategy and operations of Godrej Properties since he first joined the company in 2004 as a management trainee.
Since his appointment as executive director in 2008, Pirojsha has been involved in a leadership capacity in all key areas of the company's operations.
Pirojsha's elder sister Tanya Dubas is executive director & president ( marketing) of the group while the other sister Nisa is involved in human resources ( HR). Cousin Novroze, Jamshyd Godrej's son, oversees Godrej & Boyce. However, uncle Nadir's children are yet to join the family business.
"I feel tremendously privileged to have the opportunity to lead this exciting company. There are vast opportunities available to Godrej Properties in the real estate sector. I look forward to leading the fantastic team we have in place to ensure our company's continued success," said Pirojsha Godrej after being named the next MD and CEO. He holds a Bachelors degree in economics from the Wharton School, University of Pennsylvania, a Masters in International Affairs from Columbia University, and a Masters in Business Administration from Columbia Business School.
Milind Korde, GPL's current MD will assist Pirojsha as senior advisor. Another experienced hand of the group V. Srinivasan, currently CFO and company secretary at Godrej Industries has been appointed executive director of Godrej Properties.
"Pirojsha is well positioned to lead Godrej Properties through its next phase of growth. With our differentiated business model, the power of the Godrej brand and a strong track record across India, Godrej Properties has established itself as a dynamic real estate development company. Pirojsha's leadership, knowledge of the real estate sector, and strategic mindset will be critical in enabling Godrej Properties to achieve its ambitious goals," Adi Godrej, chairman of Godrej Properties and Godrej Group, said.
Widely travelled - over 50 countries - and a self- confessed foody, Pirojsha is keen on political affairs and has undertaken summer internships at the Senate Office of Hillary Clinton in New York and at the ministry of external affairs, New Delhi.
Courtesy: Mail Today