Mumbai based Sugee Group has announced the appointment of Hrishikesh Parandekar as the Executive Chairman of the company. He has undertaken his responsibilities since April 01st, 2017 and has joined the business as a partner and will be responsible for spearheading the management of the group from strategy, finance and investments, product development to sales.
Parandekar joins the real estate group with over two decades of experience with brands in the financial and advisory sectors such as Morgan Stanley, McKinsey, Ambit and Karvy. Parandekar has an MBA from the prestigious IIM Ahmedabad and a bachelor’s degree in Economics and Accounting from Mumbai University. He is currently also on the Board of Directors of Renuka Sugars and Scient Capital.
Prior to joining Sugee Group, he was the CEO for the Structured Finance and Private Wealth businesses of Ambit and a member of the Ambit Group Executive Committee. He was previously with Karvy Broking where he was Group CEO and played a significant role in the launch and scaling up of multiple businesses including wealth/ alternate assets, realty and mezzanine debt financing, and real estate advisory, in India and the Middle East.
