Provident Housing Limited (PHL), a wholly-owned subsidiary of Puravankara, announced the appointment of Mallanna Sasalu as its Chief Operating Officer.
In this new role, Sasalu will spearhead the end-to-end functioning of all the key business verticals, including sales, marketing and CRM. He will also be responsible for the P&L of the company. In a career spanning three decades, Sasalu has created several profitable real estate models under his leadership, according to a statement.
Sasalu was instrumental in building Assetz residential business and served in leadership positions at Karle Infra, Bagmane and Equis Funds Group, Singapore, a statement said.
Commenting on the development, Ashish R Puravankara, MD, Puravankara Limited, said, “We are delighted to have Mallanna onboard, especially during this transformative period of PHL’s expansion. His industry expertise, people-centric mindset and extraordinary vision for growth will be an asset for the company’s future. I am confident that, under his competent leadership, PHL will be well-served and positioned for tremendous success.”
Mallanna Sasalu, COO, Provident Housing, said, “I am pleased to join Provident Housing, a dynamic industry leader. Over the last decade, PHL has established itself as a torchbearer for premium-affordable housing solutions. With the company rapidly expanding its footprint across the country, more recently Kochi, I am thrilled to come on board during this exciting phase.”
“I look forward to working with the talented colleagues at PHL and delivering successful business outcomes. As a COO, my relentless endeavour would be to drive stakeholder value and establish trust across all operations of PHL,” added Sasalu.
Sasalu is an alumnus of Harvard Business School and holds a Bachelor’s degree in Civil Engineering from Bangalore University.
