Iqbal Jumabhoy Appointed Managing Director and CEO For SilverNeedle

SilverNeedle Hospitality announced the appointment of its new Managing Director and CEO, Iqbal Jumabhoy today. Mr. Jumabhoy will lead SilverNeedle Hospitality in its journey towards becoming the leader in Asian hospitality. SilverNeedle Hospitality, which currently manages over 4,000 keys in the Asia-Pacific region, aims to expand its network to over 10,000 keys by 2016. As Managing Director and CEO, Mr. Jumabhoy will be driving growth of SilverNeedle Hospitality’s integrated offerings; investment, development and management of SilverNeedle branded hospitality properties in the Asia-Pacific region.

Mr. Jumabhoy is an experienced Chief Executive with in depth expertise in a number of industries including banking, real estate and corporate management. He has served on the boards of listed companies in the United Kingdom, India, Singapore, Australia and New Zealand. Most recently, he was the Chief Executive Officer of the Rendezvous Hospitality Group. A subsidiary of the Straits Trading Company Ltd; the Rendevous Hospitality Group owns and operates hotels in Singapore, China, Australia and New Zealand.

On the occasion, Mr. Anand Nadathur, Chairman, SilverNeedle Hospitality said, “I am delighted to welcome Iqbal Jumabhoy to the team as Managing Director and CEO as well as a shareholder of SilverNeedle Hospitality.  His vision and experience are tremendous assets to our organization. We look forward to a strong growth trajectory with a sharp focus on the Asia Pacific region where we have already established a significant presence.”

Mr. Jumabhoy will take over his duties as Managing Director and Chief Executive Officer SilverNeedle Hospitality with immediate effect.

SilverNeedle Hospitality is an integrated investment, development and management company in the Asia Pacific Region. Headquartered in Singapore, SilverNeedle Hospitality has regional offices in Bangkok, Mumbai and Sydney.  SilverNeedle Hospitality is a subsidiary of Nadathur Group, which is a family-backed private investment firm of N.S.Raghavan, co-founder Infosys Technologies, a US$35 billion market cap NASDAQ listed company (INFY). The Nadathur Group manages around US$750 million in capital and has invested in over 25 start-ups in a range of industries from life sciences, IT, hospitality and engineering services, funded an investment bank, and has made long-term investments in philanthropic and social ventures.


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