Peninsula Land Reappoints Pawan Swamy As Independent Director; Nandan A Piramal As Joint MD
The Board of Directors of Peninsula Land Limited approved the re-designation of Nandan A Piramal from Whole-time Director to Managing Director, designated as ‘Joint Managing Director’.
The Board has also approved the re‐appointment of Pawan Swamy as an Independent Director for a second term w.e.f. November 11, 2026. Both changes are subject to the approval of the shareholders.
Pawan Swamy is a key member of the Board of Peninsula Land Limited. His background and experience in real estate markets, sales and business strategy, financial acumen, and business connections are valued by the Board. Swamy is a founding member of Credberg and serves as Chairman & Joint Managing Partner, responsible for the overall direction of the Firm. He has more than 20 years of experience, and he has led more than USD 5 billion in transactions across all asset classes and the entire capital structure. He was previously a Managing Partner at Brookfield Financial, leading their India operations. Prior to that, he was an MD at Jones Lang Lasalle. His experience also includes working on the real estate mortgage lending side as a senior executive with Standard Chartered Bank. He earned an MBA in Finance from Mumbai University and earned an undergraduate degree from the Indian Institute of Management and Commerce (IIMC). He is a member of RICS and serves as a board member of the Real Estate and Housing Working Committee of RICS.
Piramal heads sales and marketing, Projects and Operations at Peninsula Land Limited, which has projects spread across six locations in India. He also oversees the operations in terms of value enhancement, efficiency in execution, and internal controls. He started his career as Vice Chairman in Pyramid Retail after completing his education in London. He also conceptualised and launched Corporate Social Responsibility (CSR) at Ashok Piramal Group. He is an alumnus of University College, London.
