Avinash Pangarkar was appointed as the group CFO of ROSHN, the national real estate developer powered by Saudi Arabia’s Public Investment Fund, in October 2020.
Currently, Pangarkar is spearheading ROSHN’s journey to meet the growing demand for housing in Saudi Arabia by developing residential communities of the highest standard across the nation.
Pangarkar, through his role as ROSHN group CFO, oversees the financial operations and asset management of the nation’s leading real estate developer. He came to ROSHN from a successful term as group CFO for Emaar Properties PJSC — a role in which he served for nearly three years.
His leadership position at ROSHN is the culmination of nearly three decades of experience in financial operations, spanning the real estate, investment, financial services and technology sectors.
After starting his career in 1994 as a finance manager at Inchcape, a shipping and marketing services company in Dubai, he joined Microsoft in 1998. He held the position of regional finance head for the Middle East and North Africa region.
A two-year term in Citigroup followed, where Pangarkar held the position of vice president and Middle East regional compliance and controls head. From 2006 to 2010 he worked with TECOM Investments, a leading developer of business parks in Dubai and part of Dubai Holding, as the CFO, before taking the same position at Dubai Holding, which he held for over two years.
In Abdul Latif Jameel Group, Pangarkar worked as the chief investment officer from 2012 for five years, overseeing investment activity across a diversified portfolio and helping the group achieve its growth objectives.