Superior Homes Names Former Cytonn head as CEO
The Board of Superior Homes Kenya has announced the appointment of Shiv Arora in the position of Chief Executive Officer, effective August 2020.
The company has created the position to drive the future growth of Superior Homes, who plan to announce two new projects before the end of this year, in addition to their ongoing real estate development projects on over 150-acres.
“Shiv Arora is a well-rounded, seasoned and entrepreneurial professional in the real estate and investment industry, with experience spanning across banking, investment management, private equity and real estate,” the board says in a statement.
“Shiv will bring to Superior Homes his extensive experience in general management, the ability to recognize a good opportunity, translate it into effective strategy and action, engage with teams and stakeholders, and deliver the opportunity. In addition, Superior Homes will benefit from his experience of developing businesses, establishing corporate structures, strong governance practices, and organizational development.”
“We are delighted to welcome Shiv to Superior Homes,” said Ian Henderson. “His track record, depth of international and local experience with Citibank, Britam Asset Managers and Cytonn, and his passion around joining our growing business makes him an ideal leader. Superior Homes Kenya is a brand that now has developments in Nakuru County, Machakos County and Kilifi County, and is the leader in master-planned real estate developments in East Africa. We are excited to have Shiv take the business to even greater heights.”
“I have long been a fan of Superior Homes, and have watched the company grow over the last decade to the leading master planned real estate developer in East Africa. The concept, quality and delivery model are one with great potential for continued growth and development, in Kenya and also in East Africa,” Shiv said. “I look forward to joining the Superior Homes leadership team and building on the great foundation and growth potential in the business.”
In addition to the announcement of Shiv Arora as Chief Executive Offer, Superior Homes has announced the completion of construction and handing over of houses to over 500 families in their Greenpark development along Mombasa Road, which are now occupied. The development offers a gated community lifestyle with amenities such as schools, club house and good security. In addition, in the hospitality industry, Superior Homes has the completed the 50-villa luxurious Lake Elementaita Mountain Lodge in Nakuru County, and close to completion of Phase 1A of the 100-acre development in Kilifi County, called Pazuri at Vipingo.