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By Nishang Narayan
Published on October 31, 2024
Chalet Hotels Limited (CHL) has announced the appointment of Shwetank Singh as Executive Director, marking a significant step in the company’s leadership. Singh’s induction into the Board of Directors is effective immediately, pending approval by shareholders for a term of three years, following the recommendation of the Compensation, Nomination, and Remuneration Committee.
In his enhanced role, Singh will continue to lead the projects, design, and business development functions. He will also take charge of operations and asset management teams while overseeing CHL’s Environment, Social, and Governance (ESG) initiatives—integral to the company’s sustainable growth strategy.
Sanjay Sethi, Managing Director & CEO of Chalet Hotels Limited, expressed confidence in Singh’s abilities, stating, “In line with our endeavor to groom and grow our internal talent, Shwetank has been inducted into the board of Chalet Hotels Limited and given additional responsibilities of operations and our ESG initiatives. We look forward to his continued contribution to the growth of the Company.”
Singh is an alumnus of the Faculty of Management Studies (FMS), holding an MBA in finance and marketing. He has previously held key leadership positions at several globally recognized organizations, bringing a wealth of experience to his new role at CHL.
Chalet Hotels Limited, part of K Raheja Corp, is a prominent player in the hospitality sector, owning, developing, and managing high-end hotels and resorts across India. The company currently operates 10 hotels and resorts, totaling 3,052 keys under renowned brands such as JW Marriott, The Westin, and Novotel. Additionally, Chalet Hotels is expanding its commercial real estate portfolio, increasing from 2.4 million square feet to 3.3 million square feet, with approximately 1,100 rooms under development.
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