Ritwik Bhattacharjee has taken the reins as the interim Chief Executive Officer (CEO) of Embassy Office Parks REIT. His appointment comes in the wake of the Securities and Exchange Board of India (SEBI) directive that led to the immediate suspension of Arvind Maiya from the role. With experience in the financial sector and a deep connection to Embassy REIT, Ritwik is poised to guide the company through this transitional phase.
Ritwik has been a key part of Embassy REIT’s journey since its listing, playing an instrumental role as a founding member of the team that helped establish Embassy REIT as India’s first publicly listed Real Estate Investment Trust. Most recently, he served as Chief Investment Officer, where he was responsible for driving the company’s investment strategies and overseeing portfolio growth. Prior to his tenure at Embassy REIT, Ritwik accumulated over several years of experience as an investment banker, with stints at renowned global institutions such as Nomura, Citi, UBS, and JP Morgan, gaining valuable expertise in international financial markets.
Embassy REIT boasts a substantial portfolio, managing over 50 million square feet of premium office spaces spread across key cities in India, including Bengaluru, Mumbai, Pune, NCR, and Chennai. The REIT is home to a diverse range of high-profile companies, serving as a hub for over 260 industry leaders. With Ritwik’s leadership, the company remains well-positioned to strengthen its portfolio and continue meeting the demands of India’s dynamic commercial real estate market.
As interim CEO, Ritwik will lead the company in executing its strategic vision, while ensuring the seamless operation of its expansive real estate portfolio. His appointment reflects Embassy REIT’s commitment to maintaining stability and continuity during this period, leveraging his extensive investment background to guide the company forward.
Embassy Office Parks REIT stands as a pioneering entity in India’s real estate investment sector, and with Ritwik Bhattacharjee at the helm, the company is set to uphold its standards of excellence and strategic growth.