Rajesh Kaimal

Rajesh Kaimal is the Chief Financial Officer (CFO) & Executive Director of Embassy Developments Ltd., and Chief Financial Officer (CFO) of Embassy Group. He is an accomplished finance professional with over 30 years of experience in financial planning and control, treasury and fund raising, accounts, budgeting, costing, project financing and management, procurement, SAP implementation, secretarial/legal, taxation, and business development and operations. His financial acumen, strategic leadership, and ability to drive transformative initiatives make him an invaluable asset to the organisation.

He has worked with the Manipal Group for 17 years, where he held various leadership roles and contributed significantly to the organisation’s growth, profitability, and efficiency. Rajesh was also involved in establishing several educational institutions in India and abroad, including the Bangalore campus of Manipal Academy for Banking, the Dubai campus of Manipal University, Manipal International University in Malaysia, and the American University of Antigua.

As Embassy Group CFO, Rajesh played a crucial role in the successful listing of India’s first Real Estate Investment Trust (REIT), which is valued at INR 28,000 crore. In addition to raising funds in excess of INR 17,000 crore from diverse lenders and investors, he has enabled the sales of Embassy Tech Village (a 100-acre Commercial Park) to the Embassy Office Parks Real Estate Investment Trust (REIT) and Embassy Industrial Parks to Blackstone India. Overseeing the Information Technology department, he has empowered the organisation’s digital transformation journey, implementing SAP across the Group and adopting solutions such as Salesforce, Ariba, Build Supply, Power BI, Open Apply, and Custom Fiori App Solutions.

Rajesh has a bachelor’s degree in Commerce from K. J. Somaiya College, Mumbai, and an MBA in Finance from the Institute of Technology & Management, Mumbai. In his free time, he enjoys reading books.