Ramesh Nair, COO – Business, JLL Appointed to RICS Global Regulatory Board
Mumbai, Maharashtra, India
Ramesh Nair, COO – Business & International Director, JLL India has been appointed to the Global Regulatory Board of RICS, becoming the first Asian to take on this role. Mr. Nair will be part of team that will formulate and implement regulatory policies and strategies related to the global real estate industry.
Commenting on his appointment, Mr. Nair said, “I am delighted to be a member on the RICS Global Regulatory Board. My key focus would be towards helping advance the strategy, governance and enforcement of RICS' professional and ethical standards in relation to the different global circumstances and real estate ecosystems in which it operates. I will also be involved in embedding global regulation consistently, especially in real estate markets which have semi or low transparency.”
Founded in 1868, RICS is the world’s leading self-regulatory professional body for qualification and standards in land, property, construction and associated activities. RICS has 185,000 members and a presence across 146 countries. Its Regulatory Board leads regulatory strategy and implementation across all world regions, working with Boards and groups across RICS to ensure that the organization leads the way in standards and quality assurance of standards.
Mr. Nair’s appointment demonstrates the growing importance of Asia and India in the global real estate context. In a semi-transparent Real Estate market, a discerning and renowned thought leader like Mr. Nair can contribute significantly towards increasing awareness, understanding and implementation of RICS' professional standards. Mr. Nair will also advance RICS core activities of setting up and maintaining best practices, promoting continuous professional development, advising on key issues and extending research and economic analyses.
Commenting on Mr. Nair’s appointment, Eve Salomon, Chairperson of RICS Global Regulatory Board said, “As Chair of RICS’ global Regulatory Board, I am delighted to have Ramesh Nair working with me. He will bring to the Board a wealth of real estate expertise as well as a deep knowledge of the opportunities ahead of us to embed regulation of real estate professionals in India and across Asia. This will take RICS nearer to achieving its vision of bringing standards and professionalism to all markets, providing confidence for clients of Chartered Surveyors the world over.”