Rajesh Kaimal

Chief Financial Officer & Executive Director
Embassy Developments Ltd.

Rajesh Kaimal is the Chief Financial Officer of Embassy Group and Chief Financial Officer and Executive Director of Embassy Developments Ltd. With over 31 years of experience, he leads the Group’s financial strategy across treasury, capital raising, financial planning, taxation, corporate legal & secretarial, transaction structuring, procurement, and business operations.

As Group CFO, Rajesh played a pivotal role in the successful listing of India’s first Real Estate Investment Trust (REIT). He has led fund raises exceeding ₹35,000 crore and spearheaded several landmark transactions, including the sale of Embassy TechVillage and Embassy Splendid TechZone to Embassy Office Parks REIT, the sale of Embassy Industrial Parks to Blackstone India, and the reverse merger of Embassy with the erstwhile Indiabulls Real Estate, creating one of India’s largest listed real estate companies. He also played a key role in the listing of WeWork India. In addition, Rajesh is leading the Group’s digital transformation through the implementation of SAP and other enterprise platforms.

Prior to joining Embassy, he spent 17 years with the Manipal Group, where he held leadership roles and helped establish premier educational institutions in India and overseas. He holds a Bachelor’s degree in Commerce from K. J. Somaiya College, Mumbai, and an MBA in Finance from the Institute of Technology & Management, Mumbai.