<p>Co-working major WeWork India on Friday said it has appointed Clifford Lobo as Chief Financial Officer (CFO).</p>.<p>It has also appointed Hiranmai Rallabandi as General Counsel while Santosh Martin has been elevated to Head of Sales.</p>.<p>"Clifford Lobo has been appointed the new CFO at WeWork India...Hiranmai Rallabandi joins as The General Counsel of WeWork India," the company said in a statement.</p>.<p>WeWork India said the strategic appointments have been made to the India leadership team for sustainable growth.</p>.<p>In his new role, Clifford will be responsible for working through partnerships and merger and acquisition (M&A) to drive business growth and profitability for the business, it said.</p>.<p>Before joining WeWork India, Clifford played an operations role at ESPN India, managing commercial and product innovation aside from finance, controllers, tax, and administrative responsibilities.</p>.<p>Hiranmai joins WeWork with over 20 years of experience at various important positions in corporate & real estate laws, cross-border M&A, labour relations, litigations, policy-making and risk & compliance of companies.</p>.<p>Prior to WeWork, Hiranmai worked with companies like Cushman & Wakefield, Bennett Coleman & Co. Ltd, and law firms like SN Gupta & Co. and Virmani & Virmani.</p>.<p>With over 20 years of experience, Martin has previously worked with firms such as Jones Lang LaSalle (JLL) and DivyaSree Developers.</p>.<p>“The flexible workspace industry in India has displayed resilience and growth even during challenging times,"</p>.<p>Karan Virwani, CEO WeWork India said.</p>.<p>"In this time, we have seen a new opportunity that suits our members' evolving needs driven by an acceleration towards variable real estate costs, the confidence of safe and well-managed workspaces for their employees, and the growth opportunities that are intrinsic to the WeWork community," he said.</p>.<p>As of Q1 2020, WeWork Global has 828 locations in over 149 cities and 38 countries.</p>.<p>WeWork India, which is owned by Bengaluru-based realty firm Embassy Group, has 34 centres comprising 60,000 desks across six major cities. In 2017, WeWork Global had partnered with Embassy Group to enter Indian market.</p>.<p>Earlier this year, WeWork Global invested USD 100 million in WeWork India through debentures. WeWork Global will have 20 per cent stake in WeWork India post conversion of these debentures.</p>
<p>Co-working major WeWork India on Friday said it has appointed Clifford Lobo as Chief Financial Officer (CFO).</p>.<p>It has also appointed Hiranmai Rallabandi as General Counsel while Santosh Martin has been elevated to Head of Sales.</p>.<p>"Clifford Lobo has been appointed the new CFO at WeWork India...Hiranmai Rallabandi joins as The General Counsel of WeWork India," the company said in a statement.</p>.<p>WeWork India said the strategic appointments have been made to the India leadership team for sustainable growth.</p>.<p>In his new role, Clifford will be responsible for working through partnerships and merger and acquisition (M&A) to drive business growth and profitability for the business, it said.</p>.<p>Before joining WeWork India, Clifford played an operations role at ESPN India, managing commercial and product innovation aside from finance, controllers, tax, and administrative responsibilities.</p>.<p>Hiranmai joins WeWork with over 20 years of experience at various important positions in corporate & real estate laws, cross-border M&A, labour relations, litigations, policy-making and risk & compliance of companies.</p>.<p>Prior to WeWork, Hiranmai worked with companies like Cushman & Wakefield, Bennett Coleman & Co. Ltd, and law firms like SN Gupta & Co. and Virmani & Virmani.</p>.<p>With over 20 years of experience, Martin has previously worked with firms such as Jones Lang LaSalle (JLL) and DivyaSree Developers.</p>.<p>“The flexible workspace industry in India has displayed resilience and growth even during challenging times,"</p>.<p>Karan Virwani, CEO WeWork India said.</p>.<p>"In this time, we have seen a new opportunity that suits our members' evolving needs driven by an acceleration towards variable real estate costs, the confidence of safe and well-managed workspaces for their employees, and the growth opportunities that are intrinsic to the WeWork community," he said.</p>.<p>As of Q1 2020, WeWork Global has 828 locations in over 149 cities and 38 countries.</p>.<p>WeWork India, which is owned by Bengaluru-based realty firm Embassy Group, has 34 centres comprising 60,000 desks across six major cities. In 2017, WeWork Global had partnered with Embassy Group to enter Indian market.</p>.<p>Earlier this year, WeWork Global invested USD 100 million in WeWork India through debentures. WeWork Global will have 20 per cent stake in WeWork India post conversion of these debentures.</p>