New Delhi: Raymond Ltd on Monday strengthened its executive leadership team and named Harmohan Sahni as the chief executive officer of its real estate business.

Prior to this, Sahni was the chief operating officer (COO) of the real estate business of ECL Finance Ltd, the non-banking financial company of Edelweiss Group. A chartered accountant from the Institute of Chartered Accountants of India (ICAI), he has also worked at G Corp Developers and Mahindra Lifespace Developers Ltd.

Raymond, chairman and managing director, Gautam Hari Singhania said Sahni has joined the company at a critical juncture when Raymond Realty is taking strong strides and is well poised for growth. “Harmohan has taken on challenging roles and demonstrated the ability to imagine and engineer a new future for the real estate sector in India. His entrepreneurial spirit and extensive experience will be pivotal in unleashing Raymond Realty’s future growth plans,” he said.

The apparel company forayed into the real estate business in 2019, with a 100-acre plus land parcel in the heart of Thane city, in Maharashtra. Its maiden project ‘Aspirational District’ is spread over 14 acres. 

Talking about his new role, Sahni said, "I am excited to take on this new responsibility and look forward to working closely with Mr. Singhania and Raymond Realty’s energetic team to create long term sustainable growth for our stakeholders,"