Embassy REIT Appoints Arvind Kathpalia as Independent Director to Strengthen Governance

Embassy Office Parks REIT, India’s first listed REIT and Asia’s largest office REIT by area, has announced the appointment of Arvind Kathpalia as an Independent Director to the Board of its Manager. With this addition, five of the seven board members are now independent, underscoring Embassy REIT’s robust governance framework.

Mr. Kathpalia brings over four decades of leadership experience across financial services, banking, and risk management. He previously served as Group Head at Kotak Mahindra Bank, where he was instrumental in shaping the bank’s risk and governance architecture. Post his executive tenure, he has continued to offer advisory expertise within the Kotak Group and currently serves on the Boards of Multi Commodity Exchange of India Limited and TruHome Finance Limited.

Mr. Kathpalia had earlier served as a Unitholder Nominee Director on Embassy REIT’s Board from June 2024 to October 2025, and now returns in an independent capacity.

“We are delighted to welcome Arvind back to the Board,” said Jitu Virwani, Chairman of the Board of Manager to Embassy REIT. “His deep expertise in financial oversight and governance will be invaluable as we scale and diversify. This appointment reflects our continued commitment to transparency, accountability, and stewardship.”

Embassy REIT continues to lead with best-in-class governance practices, aligning its board composition with global standards to deliver sustainable long-term value to its unitholders.