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Singapore

Ramesh Nair appointed on the RICS Global Regulatory Board

Ramesh Nair MRICS, Chief Operating Officer of Business and International Director at Jones Lang LaSalle India, has become the first member in Asia to be appointed on the RICS Global Regulatory Board.


​SINGAPORE, 12 August 2014 - Ramesh Nair MRICS, Chief Operating Officer of Business and International Director at Jones Lang LaSalle India, has become the first member in Asia to be appointed on the RICS Global Regulatory Board.

The board leads regulatory strategy and implementation across all world regions, reporting to the Governing Council and working with boards and groups across RICS to ensure that the organization leads the way in standards and quality assurance of standards. It administers RICS Regulation in each region and is chaired by a non-member, demonstrating how our regulation of members is an independent and impartial process. 

Ramesh Nair said: "I am delighted to be a member on the RICS Global Regulatory Board. My key focus would be on helping set strategy and enforcement of RICS professional and ethical standards in a proportionate, principle based manner which takes into account different global circumstances. I would also focus on embedding global regulation consistently, especially in real estate markets which have semi or low transparency."

The Global Regulatory Board meets regularly to decide on regulatory matters and oversee implementation of the regime.

Devina Ghildial, RICS South Asia Deputy Managing Director said: "Mr Nair’s appointment comes at a point when the entire world and member organizations are striving for a positive change within the built environment. RICS is currently involved in a number of regulatory initiatives across regions to make the built environment sector more organized, responsible and professional. A number of such regulatory initiatives are in the pipeline globally. I am confident that Mr Nair’s diverse experience across the sector will help the Board in formulating and delivering regulatory policy objectives in the best possible manner."

Mr Nair’s tenure begins on 1 August 2014.