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Thursday, November 12 - 2009

Island Global Yachting appoints Prajosh as Regional Finance Director

  • United Arab Emirates: Wednesday, August 06 - 2008 at 10:55

Island Global Yachting (IGY), one of the world's premier owners, developers and managers of marina properties and yachting lifestyle destinations, has announced the appointment of Karunakaran Prajosh as Regional Finance Director for the Middle East and Europe.

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Prajosh will be responsible for the company's finance department within the Middle East which will oversee more than 20 marina projects currently in the design, development and operational stages in the UAE, as well as additional projects across Europe.

Prajosh, has over 15 years experience in finance, gained predominantly in the Middle East and will be managing the finance team in IGY's Middle East office, based in Dubai.

Prior to joining IGY, Prajosh was Finance Manager for Overseas Ast Co. LLC, a marine and mechanical construction company.

As a key member of the management team he was credited for reviving the business by achieving optimum revenue and maximising profits.

He was also the driving force behind start-up company, Desert Palm LLC where he spearheaded and set up the Finance and Accounts department between 1996-2001.


Michael Horrigan, CEO Middle East & Europe of IGY said:

"Prajosh joins IGY at an exciting time where we are experiencing massive growth and expansion as a business. With his wealth of experience in finance and accountancy management we are in safe hands that will help steer our many projects to fruition. We are delighted to welcome him on board."


Prajosh, responded on his appointment: "I am looking forward to the new challenges ahead in what is already acknowledged as one of the leading marina developers in the world. The breadth and scope of the job is very exciting and I look forward to applying my experience and skills to aid IGY's impressive growth."


IGY is the exclusive marina developer for all of Nakheel's coastline based developments, including Palm Jumeirah, Palm Jebel Ali, Palm Deira and The World.
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About Island Global Yachting (IGY)
From the islands of the Caribbean to the azure waters of the Arabian Gulf and other beautiful yachting destinations around the world, IGY is redefining the very idea of luxury marina experiences. Founded in 2005, IGY focuses on acquiring, controlling and/or servicing luxury-yacht marinas and the surrounding upland real estate properties. Island Global Yachting marinas operate under the signature Yacht Haven Grande collection and the IGY series brands, as well as several private labels.

For additional information, please contact:

Greg Moore or Rebecca Leach at Four Communications
Telephone: +971 55 985 33 75 / 77

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