DLF picks Ashok Tyagi, Devinder Singh as CEO, whole-time directors
Real Estate

DLF picks Ashok Tyagi, Devinder Singh as CEO, whole-time directors

DLF, India's largest listed real estate firm has selected two executives as chief executive officers Ashok Kumar Tyagi and Devinder Singh, as the CEOs of the firm with immediate effect. Tyagi and Singh replaced Rajeev Talwar, who was the CEO of DLF since August 2015.

Tyagi is an alumnus of IIM Ahmedabad and holds a BE (Mech) degree from IIT Roorkee. In 2008, he joined DLF as executive director, where he directed efforts in the fields of budgeting, business planning, project monitoring, document control and audits. In 2009, he was elected as Group CFO. He was also accountable for the commercial functions, all support functions of the development verticals including finance, HR, legal and secretarial functions, the company stated.

Singh holds a BE in civil engineering and holds PGDM. He entered the firm in 1985 as a graduate engineer trainee. His duties were to supervise the growth plans of the company in the Gurugram area. He was accountable for the entire business of the company in the North region, including Punjab, Himachal Pradesh, Gurgaon, Tri-city region, including land, regulatory and business development issues, operations and facility management, the company stated.

DLF chairman Rajiv Singh’s daughters, Savitri Devi Singh and Anushka Singh have been selected on the board as non-executive and non-independent directors. In a filing on Friday, the company stated that the board of directors on the recommendation of the nomination and remuneration committee of the company, co-opted Savitri Devi Singh and Anushka Singh as additional directors of the company with immediate effect, directed to the permission of the shareholders.

Image Source


Also read: Confederation of Indian Industry appoints TV Narendran as President

Also read: HeidelbergCement introduces two new positions in Managing Board

DLF, India's largest listed real estate firm has selected two executives as chief executive officers Ashok Kumar Tyagi and Devinder Singh, as the CEOs of the firm with immediate effect. Tyagi and Singh replaced Rajeev Talwar, who was the CEO of DLF since August 2015. Tyagi is an alumnus of IIM Ahmedabad and holds a BE (Mech) degree from IIT Roorkee. In 2008, he joined DLF as executive director, where he directed efforts in the fields of budgeting, business planning, project monitoring, document control and audits. In 2009, he was elected as Group CFO. He was also accountable for the commercial functions, all support functions of the development verticals including finance, HR, legal and secretarial functions, the company stated. Singh holds a BE in civil engineering and holds PGDM. He entered the firm in 1985 as a graduate engineer trainee. His duties were to supervise the growth plans of the company in the Gurugram area. He was accountable for the entire business of the company in the North region, including Punjab, Himachal Pradesh, Gurgaon, Tri-city region, including land, regulatory and business development issues, operations and facility management, the company stated. DLF chairman Rajiv Singh’s daughters, Savitri Devi Singh and Anushka Singh have been selected on the board as non-executive and non-independent directors. In a filing on Friday, the company stated that the board of directors on the recommendation of the nomination and remuneration committee of the company, co-opted Savitri Devi Singh and Anushka Singh as additional directors of the company with immediate effect, directed to the permission of the shareholders. Image Source Also read: Confederation of Indian Industry appoints TV Narendran as President Also read: HeidelbergCement introduces two new positions in Managing Board

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?