Colliers select Badal Yagnik as its new India CEO

Leading diversified professional services and fund management firm Colliers has named Badal Yagnik as the chief executive officer of India, effective immediately. Based in Gurgaon, Yagnik will collaborate strongly with Sankey Prasad, Colliers’ chairman and managing director in India, to encourage further expansion and financial success for the firm. “As one of the most well-known industry leaders in the real estate sector in India, Yagnik has accelerated the success of his clients to deliver some of the most successful real estate projects of impeccable quality. We are excited to see him put his skills and experience to use, guiding our rapidly growing India business into its next phase,” John Kenny, Colliers’ chief executive officer.

Yagnik has been credited with establishing robust cross-border teams while creating some of the most profitable businesses in India. For nearly three decades, he has been devising successful end-to-end real estate strategies for key corporate occupiers and developers. Yagnik has represented numerous corporations and professional service firms at local, regional, national, and international levels, including Cushman & Wakefield and JLl at senior level and has successfully executed some of the most complex and marquee transactions in the industry.

Sankey Prasad, Chairman & Managing Director of India, added: “I welcome Badal to the Colliers team and look forward to collaborating with him to drive exceptional results for our clients and people. I am confident that Badal will drive stellar growth for the organization with his exceptional capabilities. He has a strong track record of leading teams to deliver high value and supporting clients in achieving their business goals. With cutting-edge market expertise and remarkable strategic proficiencies, he will undoubtedly lead the industry into the future.”

Colliers India has grown exponentially in the last four years and continues to be the fastest-growing real estate services firm in India, attracting top-quality talent and diversifying into emerging markets. Badal Yagnik, Chief Executive Officer of Colliers India, added: “Colliers' growth in India has been remarkable, and in the past four years, the firm has transformed its business by building scale, expanding capabilities and strengthening client relationships and partnerships. This is an incredible time for the Indian real estate industry, as our country is poised to deliver higher growth to the global economy. Colliers is well-positioned to enhance its market leadership further, and I am excited to be part of the firm's growth story. I look forward to collaborating with Sankey and the leadership team to unlock the company's significant potential for our clients, people, and other stakeholders.”