Colliers’ Sankey Prasad appointed Chairman and Managing Director for India & CMD

Colliers’ Sankey Prasad appointed Chairman and Managing Director for India & CMD

Expanded leadership role for Sankey Prasad to capitalise on the growing potential of the real estate market in the Middle East

DUBAI, UAE/PRNewswire/ -- Global diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI), announced today that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East.

Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East. He will also take a significant stake in Colliers' rapidly growing Project Management business in the Middle East, supporting the region's flourishing real estate market in collaboration with Colliers' existing real estate service business in the Middle East and North Africa (MENA) region.

Mr. Prasad is an eminent leader in the real estate industry in India. He founded India's largest project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals.

"The expansion of Sankey's role to incorporate Project Leaders operations in the Middle East deepens Colliers' capabilities, qualifications and relationships in both India and the Middle East, to better serve our clients across the region," John Kenny, Colliers'