Indiabulls Real Estate Appoints K G Krishnamurthy As Non-Executive Chairman

Indiabulls Real Estate Ltd (IBREL) appointed Kulumani Gopalratnam Krishnamurthy as its non-executive chairman with effect from February next year. Krishnamurthy, former Managing Director & CEO of HDFC Property Ventures, has been appointed as an independent director with an immediate effect, it said in a regulatory filing. The company informed that the board of directors has appointed Krishnamurthy as an independent director for an initial term of three years with effect from November 9. He will be designated as non-executive chairman of the company with effect from February 1, 2022. Krishnamurthy is an alumnus of IIT - Kharagpur with management degree from Jamnalal Bajaj Institute of Management, Mumbai. He has a vast experience of over three decades in the real estate sector.