After a distinguished tenure, Sankey Prasad has stepped down from his role as Chairman and Managing Director of both Colliers India and Colliers Project Leaders, marking the end of a significant chapter in his leadership career.
His resignation comes as the global property services firm prepares to usher in new leadership across its India and Middle East operations.
Prasad’s departure was announced in a statement issued on October 28, 2025, in which he expressed his intention to shift his focus toward entrepreneurial ventures and to provide strategic board-level advisory support to clients across the real estate, infrastructure and capital-projects domains.
The statement noted that while he is relinquishing his executive leadership roles, he will continue to hold a stake in the Middle East business of Colliers Project Leaders.
Prasad’s tenure at Colliers included leading the company’s project-management and design-build consultancy business in India and expanding his remit to the Middle East.
He built a track record of overseeing large-scale assignments and driving growth in new geographies, having earlier founded one of India’s largest project-management firms and integrating it into Colliers after an acquisition.
Under his stewardship, Colliers India diversified its service offering, scaled operations across real-estate asset classes and strengthened its regional footprint.
The firm will now look to maintain momentum under new executives who will step in to carry forward the growth agenda set during Prasad’s era.
While details of his successor have not yet been publicly announced, the company has signalled that its India business and Middle East project-management operations will continue to support large-scale developer and investor mandates across emerging markets.
Prasad’s next phase, as he described it, will center on selective entrepreneurial opportunities and providing high-level advisory input to developers, infrastructure firms and investors working across India, the Middle East and North Africa.
By repositioning himself as a strategic adviser and entrepreneur, he aims to harness his decades of industry experience and his deep understanding of large capital-project delivery to new ventures and board roles.
Industry observers view Prasad’s exit from day-to-day operations as natural in a leader’s career arc, but one whose timing is telling given the current inflection point in real-estate and capital-projects markets in India and the Gulf region.
His shift away from full-time executive responsibilities suggests a move toward ecosystem leadership—supporting transformation, advising on governance and guiding growth rather than managing operational execution.
For Colliers, the departure of a leader with both local market depth and a global mindset means it now must balance continuity with change.
Ensuring the transition is smooth and that client relationships remain anchored will be critical, especially as the firm competes for large-scale contracts and seeks to capture the next wave of project-management growth in emerging markets.
As Prasad begins the next chapter of his professional journey, his decision to pivot into entrepreneurship and strategic advisory underscores the evolving role senior executives play in real estate and infrastructure: moving from operators to orchestrators, from build-outs to boardrooms.
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