Bangalore, April 12, 2016: KEF Holdings, a multinational diversified group that specializes in innovative offsite construction technology, today announced the appointment of Sumesh Sachar as Chief Executive Officer (CEO) of its infrastructure subsidiary, KEF Infra.
In this role, Sumesh will be responsible for overall management of the infrastructure business, including planning and operations, strategy, commercials as well as project management and human capital enrichment. He will additionally collaborate with KEF Infra’s joint venture partners and external stakeholders to ensure the company’s integrated business model delivers added value to customers.
Sumesh brings to KEF Infra nearly two decades of industry experience working with leading multinational companies in global markets. A born leader, known and recognised for sweeping improvements to efficiency, building high performance teams in emerging markets, he is a champion in making an impact to the broader market place and driving value to KEF Infra’s customers.
Prior to joining KEF Holdings, Sumesh served as Regional Vice President for Middle East and India at Pentair, a global leader in water, fluid, thermal management and equipment headquartered in UK. In this role, he was responsible for enabling an annual total sales turnover of approximately US$400 million.
In other capacities in the same organization, he has worked as Global Finance Business Director for valves in O&G, mining and process applications based in Dubai. He has also been the CFO of Legacy Tyco India working from Mumbai and has served in varied managerial roles at Bristol-Myers Squibb in their US and Singapore offices. Sumesh is a CPA by profession.
Commenting on the appointment, Faizal E Kottikollon, Founder & Chairman,KEF Holdings, said: “We welcome Sumesh Sachar as the new Chief Executive Officer of KEF Infra. Sumesh holds a brilliant track record of managing and developing multinational companies. He is in particular credited with conceptualizing strong strategies and driving the business goals of global entities in the Middle East, India and other Asian markets. We are confident Sumesh will play an important role in executing our vision of growing as a US$1.6 billion company by 2020.”
Sumesh added: “I am excited to join KEF Holdings and lead the company’s infrastructure operations. This is an exciting time for innovation and new thinking globally, and I believe KEF Infra contributes unique value to this environment through its revolutionary offsite construction technology and socially responsible business model. I look forward to working closely with KEF’s senior management in positioning the company as a game-changer in the construction technology industry.”
The appointment of Sumesh Sachar precedes the imminent launch of KEF Infra One Industrial Park, the world’s largest offsite manufacturing facility that is taking shape in Krishnagiri in Tamil Nadu at an investment INR 650 crores. KEF has additionally invested INR 390 crores to build the PMHP Hospital in Calicut, India’s first modular healthcare facility, which is due for completion by Q3 2016.
Corporate Comm India (CCI News wire)
