Chief Financial Officer
Rajesh is a finance executive with over 25 years of senior management experience and expertise in real estate finance. His work has spanned across verticals, including mixed-use real estate developments, luxury hospitality, retail, leisure & entertainment, food & beverage, and healthcare. Rajesh is recognized as a multifaceted leader with a strong record of driving megaprojects to deliver on growth and profitability.
Rajesh served as the Group CFO for 5 years at Meraas Holding LLC, the largest investment holdings company in the UAE and a leading real estate developer. He owned all financial aspects of projects with an aggregate value of $10 billion USD. This included marquee luxury real estate developments in the UAE such as La Mer (waterfront luxury leisure and residences), Bluewaters (man-made island with luxury residences, retail and premium hospitality by the Caesars Entertainment Group) and CityWalk – an exclusive lifestyle community with residences, restaurants, retail, hospitality and healthcare. His role saw him drive critical investment decisions, fund-raising, and day-to-day financial operations. Under Rajesh’s leadership, the company achieved exponential increase in profitability over 3 years. During his tenure at Meraas, Rajesh also led the IPO of Dubai Parks & Resorts which attracted prominent institutional investors including the sovereign wealth funds of Kuwait and Qatar.
As xCassia’s Chief Financial Officer, Rajesh’s overall responsibility with business development, financial operations, P&L, finance, taxation, financial accounting, auditing and contract management with external stakeholders extends into executive leadership activities with other partners, brands and legal advisors to the firm.
A long-time resident of Dubai, Rajesh has a strong passion for the city and the region and always has a finger on the pulse of its ever-evolving, innovative real estate and luxury markets.