Pankaj Renjhen

Chief Operating Officer, Virtuous Retail

Mr. Pankaj Renjhen works for Virtuous Retail as Chief Operating Officer (COO) and is based at the Corporate Office, Bengaluru. He heads the overall Operations and P&L responsibility of the Virtuous Retail portfolio with 8.3 million sq.ft across 6 shopping centres in 5 cities, one of the largest institutional owned shopping centre platform in India. He is over all responsible for operations, Leasing, Finance & Accounts, Marketing, Human Resource, Legal and Information Technology functions.

Pankaj comes with over 22 years of real estate experience and have advised leading corporate, occupiers, investors and developers across India on their real estate strategy with broad based, practical, hands-on, professional expertise in development advisory, concept planning, site acquisitions, disposals, transaction structuring, investment advisory, leasing, marketing, operations, business development, valuations, financial analysis and research in the Indian real estate sector.
Pankaj has lead different business verticals within his 18 years of stint with JLL and became one of the youngest MD‘s (within JLL) and was one of the longest serving employees of the firm in India before joining Virtuous Retail. He was part of the Asia Pacific Board of Retail for JLL. He is extensively covered in media and Industry associations and have been part of various industry forums such as CII National Committee, FICCI Retail Committee, Assocham Luxury Committee and as co – organiser chair at MAPIC for emerging economies.
His last assignment with JLL was of Manging Director and Head of Retail services with responsibility of driving growth and giving strategic direction of JLL’s retail business across Indian subcontinent and in last three years helped the retail business grow to almost 3 times the size of the nearest competitor with the profit of retail business is almost the size of their turnover and been able to grow the profitability of the business by over 100%. Prior to this Pankaj was the Managing Director, North India Region and was responsible for the company’s growth and business in North India Region which covers the Northern India market.
Pankaj holds PGDBM with specialization in Marketing and Finance from IMT, Ghaziabad and B.Com (Hons) from Sri Venkateswara College, Delhi University.