Kolte-Patil Developers appoints Yashvardhan Patil as Group CEO

Yashvardhan Patil has been closely involved in all key areas of KPDL operations since he first joined the Company in 2012.

Jun 14, 2021 02:06 IST India Infoline News Service

Kolte-Patil Developers has appointed Yashvardhan Patil as Group Chief Executive Officer of Kolte-Patil Developers Limited (KPDL). Patil took charge as CEO from June 12, 2021.

Rajesh Patil, Chairman and Managing Director, Kolte-Patil Developers, commented, “Yashvardhan is well-positioned to lead KDPL through its growth journey. KPDL has established itself as a solid self-sustainable company with consistent cash flow generation, moderated debt, strengthened sales pipeline and an efficient S&M engine across Pune, Mumbai and Bengaluru. Yashvardhan’s leadership and strategic mindset will be critical in enabling KPDL to achieve its value creation goals.”

Yashvardhan Patil, Group CEO, Kolte-Patil Developers, commented, “I would like to thank the Board for the confidence bestowed upon me. I feel tremendously privileged to have the opportunity to lead this exciting company. I look forward to leading the fantastic team we have in place and capitalize on the significant opportunities available to KPDL in the real estate sector and ensure our company’s sustained success.”

Yashvardhan Patil has been closely involved in all key areas of KPDL operations since he first joined the Company in 2012. He has also spearheaded the Company’s strategic international partnerships. He has a Bachelor of Business Administration degree from the University of Exeter Business School, England.

At around 2.28 pm, Kolte-Patil was trading at Rs236 per piece down by 1.4% on Sensex. 

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