Kamal Sehgal

Kamal Sehgal is an experienced professional in commercial real estate development and investment, currently serving as the Head of Commercial Mixed Use Developments at Ingka Centres, which is part of the IKEA Group.1

Career Overview

Kamal has been with Ingka Centres since April 2019, where he is responsible for investing in and delivering large city centre commercial and mixed-use development projects.1 These projects typically include modern shopping centers, offices, hotels, and other mixed-use assets. His role involves ensuring that these developments become successful meeting places and support IKEA's expansion in India as one of their key anchors.1

Previous Experience

Prior to his current role, Kamal worked in various positions:

• IKEA Group: From June 2015 to March 2019, he was involved in Property & Real Estate Investments and Development.1 His responsibilities included creating expansion plans, identifying opportunities, and real estate acquisitions.

• JLL: He served as Associate Director in Corporate Finance from December 2012 to June 2015.1

• Max New York Life Insurance: In 2003, he was part of the founding team for the rural and compliance business.1

• ANZ Investment Bank: In 2001, he worked on the privatization of Indian Airlines.1

• Morgan Stanley: In 2000, he was associated with the investment banking practice, working on the privatization of Delhi and Mumbai Airports.1

Education

Kamal holds the following educational qualifications:

• MBA in Finance, International Business, and Strategy from the Indian Institute of Foreign Trade (2002-2004)1
• Bachelor's degree in Financial & Investment Analysis, Corporate Finance from the College of Business Studies, University of Delhi (1999-2002)1

Current Responsibilities

In his role at Ingka Centres, Kamal is currently responsible for expansion and development in India.1 He manages urban and city centre project developments with approximately 4 million square feet across mixed-use components, including shopping centres, offices, and hotels.1 These projects aim for direct access to rapid transport and target visitations of 20 million people annually.1