India, Oct. 28 -- While Prasad has relinquished his position as the CMD in the Colliers Project Leaders Middle East business, he will continue to hold a stake in the company.

Based in the Middle East, Prasad will now focus on selective entrepreneurial opportunities and provide technical support at the strategic board level to developer and investor clients in the real estate, infrastructure, and capital projects domains across India and the Middle East and North Africa (MENA) region, Colliers said in a statement.

"While he has relinquished his position in the Middle East - Colliers Project Leaders business of Colliers as CMD, he will continue to hold a stake in the company," the statement said.

A civil engineer with more than four deca...