JLL India appoints leaders Juggy Marwaha and Aveek Sinha
Property consulting firm JLL has made a number of senior appointments in its India business. Juggy Marwaha has been named an Executive Managing Director, while Aveek Sinha has been elevated to the role of Chief Financial Officer & Head of Operations.
Juggy Marwaha
For Marwaha, the move to JLL marks his second stint with the property consultancy. He joins from global co-working behemoth WeWork, where he served as Head of India and set up approximately 1.4 million square feet of office space in less than twelve months. Prior to that, Marwaha was with JLL India as Managing Director for South India, a position he held till December 2016. During this time here, he focused on business augmentation in key southern markets of India, and was instrumental in effecting some marquee and innovative transactions such as the ones with the Flipkart campus, the Siemens Prestige land deal, and the JW Marriott.
Prior to joining JLL in 2013, Marwaha was associated with RMZ and CBRE. During his career of over 18 years in India, he has worked closely with leading global and large Indian corporate clients on their real estate strategies.
Ramesh Nair, CEO & Country Head of JLL India, said that Marwaha’s return to the fold is in line with the firm’s strategy to achieve the next phase of its growth in the country, wherein key senior talent is being inducted to complement its leadership. “We have had a terrific year and in our renewed phase of growth from 2018-2022, the focus is not only on sustaining our leading market share, profitability and business leadership, but also widening the gap from competition.”
Reflecting on his homecoming, Marwaha stated “JLL is just like home and it feels great to be back. It's an exciting time in the industry, with the multiplicity of opportunities being seen, so I am clearly looking forward to working with some of the most talented professionals in order to meet our clients' ambitions.”
Aveek Sinha
Since joining the consulting firm in 2012, Aveek Sinha headed JLL’s finance practice, responsible for financial processes, risk management and regulatory compliances. More recently, he served as erstwhile CFO, in the capacity leading the finance portfolio across all business lines and cities including Sri Lanka and Bangladesh, with additional oversight of the legal practice. Prior to working for JLL, Sinha spent eight years at GE in India.
Commenting on Sinha's appointment, Nair said, “With his strong track record of providing strategic advice across a number of industries, his deep understanding of the businesses in India, he has proved himself to be an asset as a member of the leadership that now focuses on growth and excellence. Given his expertise, Aveek will bring in different perspectives, to ensure strategic vision translates into financial success, in the process ensuring a strong result oriented culture.”
Sinha, who succeeds Santhosh Kumar, said “It's an absolute privilege and honour taking over. I've had an enriching journey over the past five years and I look forward to working more closely with our teams and clients to drive growth to the next level.”
