Sanjay Manchanda is the Chief Executive Officer of Nakheel PJSC, world’s leading developer and a key player in realising the vision of Dubai for the 21st century. Born in Vienna and educated in India, Sanjay is a fellow member of the Institute of Chartered Accountants of India.
He joined Nakheel as a consultant to advise the company through its USD16 billion debt restructuring program, which was successfully completed in August 2011. He assumed the role of CEO in 2012. During his tenure, Nakheel has since delivered on their revised business plan, two years ahead of time and more importantly, the company has prepaid its bank debt of US$ 2.2bn, four years ahead of the scheduled repayment date.
Prior to joining Nakheel, Sanjay spent 25 years working in the Middle East as a partner at leading global accounting advisory firm – PricewaterhouseCoopers (PwC). Amongst the many achievements at PwC, Sanjay was instrumental in concluding the financial restructuring of leading jewellery retailer Damas – the first private company in the Middle East to successfully undergo a financial restructuring exercise