Nakheel has confirmed that it has appointed Sanjay Manchanda as the new chief executive officer (CEO) of the company.
The local property developer says his appointment comes as it “enters a new phase in its development with a renewed focus on the delivery of new and existing community projects across Dubai”.
Manchanda was previously a partner with PricewaterhouseCoopers. He was seconded to Nakheel in October 2010 as chief financial officer (CFO) and played a leading role in steering the company through its financial restructuring in the wake of the global economic downturn.
He became acting CEO in June 2011.