Red Sea Housing Services Company (RSHS), has announced the appointment of Prabhakar Kesavan as its new Chief Financial Officer (CFO). In his new role, Kesavan will oversee the finance, accounting, tax and treasury departments of RSH's Industrial Housing, Building Materials, and Affordable Housing platforms. Based on his 25 years of professional experience in finance, Kesavan was selected from a comprehensive list of distinguished global peers by RSHS's senior management team and the Nomination and Compensation Committee of the company's Board of Directors. In his current capacity as Group CFO, he will collaborate in delivering RSH's 2020 Growth Strategy.

Prior to joining RSHS, Kesavan held senior positions of increasing responsibility over a period of 16 years with Aggreko Plc. In addition, Prabhakar has spent nine years holding a financial leadership position with the TATA Group.