New Frontiers at Banking Frontiers

The second reason for Nitesh's success is the strongly professional management led by the company's founder Chairman & Managing Director Nitesh Shetty. The presence of corporate stalwarts such as Subir Raha, G. N. Bajpai, James Brent, Ashok Aram, Darius Udwadia, among others, on the Board of Nitesh Estates reflects in ample measure the company's strong commitment to cor­porate governance. Explaining the ratio­nale behind taking these stalwarts on board, Shetty says "Real estate being a little grey area in people's perception, we felt one of the things to do which other haven't done is to try and corpo­ratise this business. So we asked these very senior people to sit on our Board to project ourselves as a next generation real estate company."
That apart, the company is pro­fessionally managed and performance­oriented. Explaining the. performance­driven culture of the company, Ashwini Kumar, Chief Operating Officer, Nitesh Estates, says "Everyone sees his own performance linked up with the busi­ness goals and success of the company. And as the company succeeds, Nitesh is very happy to share the rewards with the employees. This is a company which has lot of entrepreneurial fire in its belly."