Action Hotels PLC Appointment of Group Chief Financial Officer (7116M)
May 11 2015 - 2:01AM
UK Regulatory
TIDMAHCG
RNS Number : 7116M
Action Hotels PLC
11 May 2015
11 May 2015
Action Hotels PLC
("Action Hotels" or "the Company")
Appointment of Group Chief Financial Officer
Action Hotels, a leading owner, developer and asset manager of
branded three and four-star hotels in the Middle East and
Australia, is pleased to announce the appointment of Krishnamurthy
Sundaresan (Krish) as the Company's Chief Financial Officer with
effect from 17 May 2015.
Krish is a chartered accountant with over 22 years of experience
in senior finance positions at international companies in the
Middle East, Singapore, Japan, Australia and India. He has
particular experience in real estate and hospitality having
demonstrated success in roles such as Group CFO of Abu Dhabi
Capital Group, a multibillion dollar investment firm, Group CFO of
Deyaar PJSC, a real estate company listed on the Dubai Financial
Market and Senior Vice President of Dubai Investment Group Real
Estate and Hospitality, an investment company with assets under
management of USD $2billion at the time. He was also Regional
Finance Manager for IKEA, South East Asia between 2000 and
2005.
Alain Debare, Chief Executive Officer, said:
"I am delighted to welcome Krish to our senior management team
as Group Chief Financial Officer. Krish has a wealth of experience
in real estate and hospitality and having lived and worked in the
Middle East for over 10 year will be a valuable addition to our
team as we accelerate our roll out of hotels in the Middle East and
Australia"
For more information please contact:
Action Hotels PLC Tel: +44 (0) 20
7907 9663
Alain Debare, Chief Executive Officer
Katie Shelton, Director of Corporate
Affairs
Investec Bank plc (NOMAD & Broker) Tel: +44 (0) 20
7597 5970
Chris Treneman / David Anderson / Josh
Levy
Notes to Editors
Action Hotels PLC
Action Hotels is a leading owner, developer and asset manager of
branded three and four star hotels in the Middle East and
Australia. Established in 2005, Action Hotels currently operates
eight hotels with 1,488 rooms in aggregate across the Middle East
and Australia, with further properties in development in both
regions.
More information is available at
http://www.actionhotels.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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