UAE: Chedi Hospitality has appointed Milos Nedovic as its chief asset and funding officer, a newly-created function for the group.
Nedovic joins Chedi from RIKAS Hospitality Group the place he held the function of chief monetary officer.
Previous to this, he spent practically a decade with Hyatt, working throughout properties in Azerbaijan, Dubai, Russia, Serbia, Uzbekistan, and extra.
At Chedi, Nedovic will oversee capital allocation and income optimisation throughout the group’s properties, in addition to supply funding alternatives for companions. He will even drive the growth of Chedi’s asset administration providers.
As well as, he’ll assist the combination of rising applied sciences with a give attention to operational effectivity and visitor expertise.
“Chedi Hospitality is constructed on a powerful legacy and a transparent imaginative and prescient for the longer term, and I’m excited to be a part of its subsequent chapter,” mentioned Nedovic. “I stay up for working intently with the staff to strengthen efficiency, unlock new alternatives and construct robust partnerships throughout the portfolio.”
Stephan Schupbach, president and group CEO of Chedi Hospitality, added: “We’re happy to welcome Milos to Chedi Hospitality at a pivotal second in our journey. As we proceed to develop, his monetary experience and industrial acumen will play an necessary function in strengthening our capabilities and supporting long-term worth creation.”
Highlights:
Chedi Hospitality has appointed Milos Nedovic as chief asset and funding officer to supervise capital allocation, income optimisation and portfolio efficiency throughout the group.
Nedovic joins Chedi from RIKAS Hospitality Group, the place he served as chief monetary officer, bringing monetary management expertise throughout luxurious hospitality operations.
Previous to RIKAS, he spent practically a decade with Hyatt, working throughout properties in Azerbaijan, Dubai, Russia, Serbia and Uzbekistan.
At Chedi Hospitality, Nedovic will even lead growth of asset administration providers and supply new funding alternatives for companions throughout world markets.
