WeWork India announced some key changes to its India leadership team. The co-working major has appointed Clifford Lobo as Chief Financial Officer (CFO). It has also appointed Hiranmai Rallabandi as General Counsel and Santosh Martin has been elevated to Head of Sales.
“Clifford Lobo has been appointed the new CFO at WeWork India…Hiranmai Rallabandi joins asThe General Counsel of WeWork India,” the company said in a statement.
In his new role, Clifford will be responsible for working through partnerships and merger and acquisition (M&A) to drive business growth and profitability for the business, it said.
Prior to WeWork India, Clifford played an operations role at ESPN India, managing commercial and product innovation aside from finance, controllers, tax, and administrative responsibilities.
Hiranmai joins WeWork with over 20 years of experience at various important positions in corporate & real estate laws, cross-border M&A, labour relations, litigations, policy-making and risk & compliance of companies.
Prior to WeWork, Hiranmai worked with companies like Cushman & Wakefield, Bennett Coleman & Co. Ltd, and law firms like SN Gupta & Co. and Virmani & Virmani.
With over 20 years of experience, Martin has previously worked with firms such as Jones Lang LaSalle (JLL)and DivyaSree Developers.
Commenting on the development, Karan Virwani, CEO WeWork India said, “The flexible workspace industry in India has displayed resilience and growth even during challenging times. In this time, we have seen a new opportunity that suits our members’ evolving needs driven by an acceleration towards variable real estate costs, the confidence of safe and well-managed workspaces for their employees, and the growth opportunities that are intrinsic to the WeWork community. I am pleased to welcome these new leaders to the WeWork India team who will help us further this vision which will help us serve our community better.”
WeWork India has 34 centres comprising 60,000 desks across six major cities in India. Earlier this year, WeWork Global invested $100 million in WeWork India through debentures.
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