Mr. Jumabhoy is an experienced manager with a career spanning a number of industries, including banking, real estate and corporate management. He has served on listed company boards in the United Kingdom, India, Singapore, Australia and New Zealand. Most recently, Mr. Jumabhoy was Executive Vice President/Group Chief Financial Officer and a member of executive management of The East Asiatic Company (“EAC”), a Danish listed corporation with operations primarily in Asia. He was responsible for Finance, Information Systems and Investor Relations as well as restructuring and strategy. He was named best CFO in Denmark in 2005 by investors and analysts. He chaired the Indian subsidiary, Dumex India Pvt. Ltd. and built the business from a single employee to 250 employees in two years. Additionally, he led the acquisition, planning, development and financing of a 40 acre project in Ludhiana, Punjab, receiving subsidies from the state.
Immediately prior to EAC, Mr. Jumabhoy was CEO of Encorp Group (Property division) in Malaysia, responsible for various projects ranging from public housing to a high–end housing and a golf club project. Prior to Encorp, Mr. Jumabhoy was Executive Director and COO of Scotts Holdings Ltd. (now called the Ascott Group, Ltd.), a Singapore listed property development and management group. He was responsible for building the international business of the company in real estate development and in serviced apartments, growing the business initially in Singapore to an operation in seven countries. He focused on the identification, acquisition, structuring and development of various projects in India, Singapore, Indonesia, Malaysia, Thailand, the United Kingdom and Australia. These projects ranged from single office, condominium projects and mixed-use projects to township developments. In particular, he led the acquisition, development and master planning of a 200-acre township in Gurgaon, India, which was later sold at a 60% profit and the acquisition of a 150 acre property in Bangalore, India. He led Scotts’ investment in a company that was an early consortium member that master planned and developed ITP in Bangalore (recently listed on SGX as part of the Ascendas aREIT). He was also responsible for the listing of the company on the Stock Exchange of Singapore. Mr. Jumabhoy also worked at Continental Illinois National Bank and Trust Company of Chicago, responsible for its India, Africa and Middle East merchant banking origination, based in London and was chiefly responsible for bringing India banks to the London market.
Mr. Jumabhoy has an undergraduate degree from the University of Newcastle upon Tyne, United Kingdom, and two graduate degrees from the Massachusetts Institute of Technology in the US: an M.S. in Ocean Systems Management and an M.S. in Management from the Sloan School of Management.
Core Business Areas
South Asia's ascension to the world stage has attracted an increasing flow of Multi-National Companies (MNC) and Foreign Direct Investment (FDI) placing increasing demands on infrastructure and existing built environment. WIRE was formed to meet the demand for institutional grade real estate in India, in particular, by combining a unique set of in-house development and construction skills with that of global partners. WIRE’s mission is to create world class working and living environments, combining the best applicable international design and construction management standards with local delivery capability ushering in India’s finest institutional grade real estate.
WIRE Developers Private Limited provides development services to the SPV’s established in India by its Investors.
WIRE’s VISION is to be the industry leader in real estate development and real estate fund management, while setting market benchmarks of quality and being the preferred choice for property products for its customers.
WIRE's MISSION is to create tangible value for all stakeholders, including investors, shareholders, customers, business partners or employees through industry leadership and the superior delivery of its objectives, projects and products.
Deploy resources to build industry leadership for real estate development and fund management activities Excel in expertise as an investor to provide superior returns to those who entrust us with their capital, thereby attaining blue-chip status Extend presence in the real estate business, through various verticals and activities to deliver value to the marketplace, always being mindful of market realities.
Build and nurture a reputation for quality and on-time, on-budget project delivery to create a legacy of superior living and working environment Ensure that we strive to achieve ecological sustainability, in order to positively affect the lives of those around us.
|Performance||We believe in setting high standards and strive to exceed them.|
|Excellence||We search for excellence in everything we do and believe in new ideas and creative solutions for continuous improvement.|
|People||We value teamwork and work together in pursuit of our Vision. We seek to create a learning organization where employees respect each other, are motivated, have fun and have the opportunity for personal development.|
|Customers – Customers First Approach in all Facets of Transactions||We listen to customers and strive to optimize external and internal customer satisfaction through providing products and services of high quality and value.|
|Integrity||We demand openness and honesty in everything we do. We believe that every activity must be able to pass the test of public and internal scrutiny at all times.|