Trikona Group adds 36-year industry veteran to its advising team

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New York, Nov 13 (ANI/Business Wire India): Trikona Group, which contributes to India's growth in a socially aware manner by creating new asset classes around real estate and infrastructure, announced that Brijesh Kumar, a 36-year industry veteran, has been named Independent Director of Panthera Developers, a development company affiliated with the Trikona Group.

Kumar brings extensive experience in organizational development, process restructuring, and managerial oversight, having held key positions with several PSUs and the Indian government. His government roles most recently included the Secretary of the Department of Information Technology.

As former Chairman and CEO of the Greater Noida Industrial Development Authority, Uttar Pradesh, Kumar was responsible for many successful urban planning and implementation initiatives. He also served as Managing Director of Air India; Chairman and Managing Director of Indian Airlines; and Secretary to the Uttar Pradesh Government in numerous departments.

Brijesh Kumar joins Dr. P.S. Rana, Chairman of Trikona Development and former Chairman and Managing Director of the Housing and Urban Development Corporation Limited (HUDCO), to advise on real estate and infrastructure development projects. Panthera Developers is currently involved in developing over 25 million square feet of projects across the residential, commercial, retail and hospitality sectors in India.

"A long-term commitment to India's growth is the core foundation of the Trikona Group. Since starting my career with the Indian Administrative Service in 1968, I have been passionate about ensuring the economic development of my country," said Brijesh Kumar, Independent Director of Panthera Developers. "I am delighted to join an experienced management team that has the dedication to create real estate and infrastructure projects in a sustainable manner."

"Trikona must continue to invest and develop projects that will build India's economy and help urbanize its lower and middle classes," said Dr. P.S. Rana, Chairman of Trikona Development. "As Trikona expands its presence through a socially responsible approach, Brijesh Kumar's experience with PSUs and expertise in urban policy, planning and implementation will be invaluable to its efforts."

"Brijesh Kumar has been one of the key proponents for the liberalization of the Indian economy. As demonstrated by his success in the development of Greater Noida, he has built an organizational model for sustainable growth in India," said Aashish Kalra, Co-Founder and Managing Director of Trikona Capital.

"Trikona also understands the economic, social and political complexities facing the continued growth of India, and we are pleased to have Brijesh Kumar share our vision and help establish new asset classes," he added.

ANI

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