CapitaLand Investment Limited (CLI) has appointed Gauri Shankar Nagabhushanam as Chief Executive Officer, India Business Parks, with effect from 1 April 2022, as part of its ongoing leadership renewal.  

The official statement noted that to serve in the new role, Shankar will be based in Bangalore, the headquarters for CLI’s India business parks business.  He will oversee CLI’s India business parks operations, investment, development, asset management and private fund management, as well as grow its portfolio of assets in the country.  

A graduate of London Business School, Shankar has also held key positions in Accenture, Deloitte, Samba Financial Group and TAIB Bank, in Singapore, India as well as in the Middle East and North Africa.

Commenting on the appointment of Shankar, Jonathan Yap, CEO, Fund Management, who also oversees CLI’s business in India, said: “India is a core market for CapitaLand Investment, and it has significant potential for expansion as part of our growth strategy to position the company as a leading global real estate investment manager.  Gauri Shankar has been in the company for over 10 years and has played a key role in launching and expanding our logistics business in India.  He also brings a wealth of experience in private equity real estate investment and fund management as well as corporate finance.”  

Jonathan furthered that they believe that Shankar will continue the momentum in leading a talented team through the company’s next phase of growth and delivering value to the company’s stakeholders.