Dubai Investments PJSC – the leading investment company listed on the Dubai Financial Market , has announced the appointment of Krishnamurthy Sundaresan as the Chief Operating Officer .
Krishnamurthy, a Singaporean national, has over 22 years of experience in senior finance positions in international companies across the Middle East, Singapore, Japan, Australia and India. He joins Dubai Investments from Action Hotels Plc where he was the Chief Financial Officer .
Krishnamurthy was earlier associated with Abu Dhabi Capital Group as Group CFO, Deyaar PJSC as Group CFO and was the Senior Vice President of Dubai Investment and Hospitality LLC. He was also the Regional Finance & Administration Manager with IKEA between 2000 and 2005.
In his comments, Abdulaziz Bin Yagub Al Serkal, General Manager of Dubai Investments, said: “The appointment of Krishnamurthy Sundaresan as COO of Dubai Investments reflects the company’s belief in the power of proven leadership. With Krishnamurthy’s expertise across sectors and geographies, we are well positioned to accelerate our investments as well as returns and future growth plans.”
Krishnamurthy said: “I am honored to join the Dubai Investments team and have the confidence and support of the Board of Directors and the Management in this exciting growth phase for the company. Together, we look forward to leverage Dubai Investments’ dynamic business model and tap into new investment opportunities in new markets.”
Krishnamurthy has contributed to the development and implementation of corporate policies & strategies, providing leadership, strategic direction and development of business plans across a diversified industry mix. He also has extensive experience in raising funds for working capital, long-term project funding, new investments, acquisitions/ mergers, retirement of high-cost debts and has raised over USD 2 billion in funds across various industries.
Krishnamurthy is a Chartered Accountant, with professional certifications in strategy and value creation from London Business School, SAP (FICO) from Sapient College Singapore, Oracle 11i, Great Plains and is a Six Sigma Certified consultant.